Courier Capital LLC Sells 14,130 Shares of BlackRock Income Trust, Inc. (NYSE:BKT)

Courier Capital LLC decreased its position in shares of BlackRock Income Trust, Inc. (NYSE:BKT) by 26.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,506 shares of the company’s stock after selling 14,130 shares during the quarter. Courier Capital LLC owned about 0.19% of BlackRock Income Trust worth $468,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of BKT. Comerica Bank increased its holdings in shares of BlackRock Income Trust by 16.5% during the fourth quarter. Comerica Bank now owns 8,123 shares of the company’s stock valued at $94,000 after acquiring an additional 1,150 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of BlackRock Income Trust by 19.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 13,641 shares of the company’s stock valued at $157,000 after acquiring an additional 2,206 shares in the last quarter. World Investment Advisors bought a new stake in shares of BlackRock Income Trust during the fourth quarter valued at approximately $170,000. Commonwealth Equity Services LLC increased its holdings in shares of BlackRock Income Trust by 5.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 17,497 shares of the company’s stock valued at $202,000 after acquiring an additional 978 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of BlackRock Income Trust by 7.0% during the fourth quarter. Bank of America Corp DE now owns 27,433 shares of the company’s stock valued at $316,000 after acquiring an additional 1,793 shares in the last quarter. Institutional investors own 39.43% of the company’s stock.

BlackRock Income Trust Stock Performance

NYSE BKT opened at $11.44 on Tuesday. BlackRock Income Trust, Inc. has a 52 week low of $11.25 and a 52 week high of $12.67. The business has a 50 day moving average price of $11.51 and a 200-day moving average price of $11.63.

BlackRock Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.0882 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.06 annualized dividend and a dividend yield of 9.25%.

BlackRock Income Trust Profile

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.