Wedbush Securities Inc. Lowers Stock Position in BlackRock Science and Technology Trust $BST

Wedbush Securities Inc. cut its position in shares of BlackRock Science and Technology Trust (NYSE:BST) by 9.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 220,815 shares of the company’s stock after selling 21,766 shares during the quarter. Wedbush Securities Inc.’s holdings in BlackRock Science and Technology Trust were worth $8,428,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BST. AdvisorNet Financial Inc lifted its position in shares of BlackRock Science and Technology Trust by 83.7% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,363 shares of the company’s stock worth $52,000 after buying an additional 621 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new stake in shares of BlackRock Science and Technology Trust during the first quarter valued at approximately $53,000. MGB Wealth Management LLC bought a new stake in BlackRock Science and Technology Trust during the first quarter worth $202,000. Goldman Sachs Group Inc. lifted its holdings in BlackRock Science and Technology Trust by 10.8% during the first quarter. Goldman Sachs Group Inc. now owns 6,147 shares of the company’s stock worth $203,000 after acquiring an additional 600 shares during the period. Finally, World Investment Advisors purchased a new position in BlackRock Science and Technology Trust in the second quarter worth $205,000.

BlackRock Science and Technology Trust Stock Performance

Shares of NYSE:BST opened at $41.37 on Friday. BlackRock Science and Technology Trust has a 1 year low of $27.87 and a 1 year high of $44.50. The business has a fifty day moving average price of $41.48 and a two-hundred day moving average price of $38.75.

BlackRock Science and Technology Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be issued a dividend of $0.25 per share. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Friday, November 14th.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.