NINE MASTS CAPITAL Ltd Invests $107,000 in BlackRock Floating Rate Income Trust (BGT)

NINE MASTS CAPITAL Ltd bought a new position in shares of BlackRock Floating Rate Income Trust (NYSE:BGT) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 8,100 shares of the investment management company’s stock, valued at approximately $107,000.

Several other large investors have also recently modified their holdings of BGT. Wolverine Asset Management LLC purchased a new stake in shares of BlackRock Floating Rate Income Trust during the 2nd quarter worth about $756,000. Stephens Inc. AR purchased a new position in BlackRock Floating Rate Income Trust in the 2nd quarter worth approximately $400,000. Wells Fargo & Company MN boosted its holdings in BlackRock Floating Rate Income Trust by 2.8% in the 2nd quarter. Wells Fargo & Company MN now owns 1,018,333 shares of the investment management company’s stock worth $13,310,000 after acquiring an additional 27,479 shares during the period. LLBH Private Wealth Management LLC boosted its holdings in BlackRock Floating Rate Income Trust by 7.9% in the 3rd quarter. LLBH Private Wealth Management LLC now owns 311,960 shares of the investment management company’s stock worth $4,118,000 after acquiring an additional 22,900 shares during the period. Finally, Advisors Asset Management Inc. boosted its holdings in BlackRock Floating Rate Income Trust by 6.0% in the 3rd quarter. Advisors Asset Management Inc. now owns 371,856 shares of the investment management company’s stock worth $4,908,000 after acquiring an additional 21,073 shares during the period.

NYSE BGT opened at $12.23 on Friday. BlackRock Floating Rate Income Trust has a fifty-two week low of $12.15 and a fifty-two week high of $14.22.

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 19th. Shareholders of record on Thursday, December 13th will be issued a $0.0618 dividend. This represents a $0.74 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date is Wednesday, December 12th.

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About BlackRock Floating Rate Income Trust

There is no company description available for BlackRock Floating Rate Income Trust Fund.

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Institutional Ownership by Quarter for BlackRock Floating Rate Income Trust (NYSE:BGT)

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