Guggenheim Capital LLC Acquires 186,748 Shares of BlackRock Floating Rate Income Trust $BGT

Guggenheim Capital LLC increased its holdings in BlackRock Floating Rate Income Trust (NYSE:BGT) by 15.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,374,019 shares of the investment management company’s stock after acquiring an additional 186,748 shares during the period. Guggenheim Capital LLC’s holdings in BlackRock Floating Rate Income Trust were worth $17,203,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Trust Co. of Toledo NA OH bought a new position in shares of BlackRock Floating Rate Income Trust during the second quarter valued at about $49,000. Reyes Financial Architecture Inc. bought a new position in BlackRock Floating Rate Income Trust in the 2nd quarter worth approximately $58,000. Rockefeller Capital Management L.P. boosted its holdings in shares of BlackRock Floating Rate Income Trust by 6.2% in the second quarter. Rockefeller Capital Management L.P. now owns 17,209 shares of the investment management company’s stock worth $215,000 after acquiring an additional 1,009 shares during the period. Cetera Investment Advisers bought a new position in BlackRock Floating Rate Income Trust in the 2nd quarter worth about $232,000. Finally, Centric Wealth Management bought a new position in shares of BlackRock Floating Rate Income Trust in the first quarter valued at approximately $247,000.

BlackRock Floating Rate Income Trust Trading Up 0.0%

NYSE BGT opened at $11.25 on Friday. The company’s 50 day simple moving average is $11.70 and its two-hundred day simple moving average is $12.18. BlackRock Floating Rate Income Trust has a 1 year low of $10.21 and a 1 year high of $13.47.

BlackRock Floating Rate Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were given a dividend of $0.1203 per share. This represents a c) annualized dividend and a yield of 12.8%. The ex-dividend date was Friday, November 14th.

BlackRock Floating Rate Income Trust Company Profile

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors.