Rockefeller Capital Management L.P. Has $679,000 Position in BlackRock Multi-Sector Income Trust $BIT

Rockefeller Capital Management L.P. boosted its position in BlackRock Multi-Sector Income Trust (NYSE:BIT) by 12.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,484 shares of the investment management company’s stock after purchasing an additional 4,994 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in BlackRock Multi-Sector Income Trust were worth $679,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Creekmur Asset Management LLC lifted its holdings in shares of BlackRock Multi-Sector Income Trust by 161.4% during the second quarter. Creekmur Asset Management LLC now owns 4,719 shares of the investment management company’s stock worth $69,000 after buying an additional 2,914 shares in the last quarter. Elequin Capital LP bought a new position in BlackRock Multi-Sector Income Trust during the first quarter worth about $140,000. LaSalle St. Investment Advisors LLC acquired a new stake in BlackRock Multi-Sector Income Trust in the 1st quarter worth about $160,000. Founders Financial Alliance LLC bought a new stake in BlackRock Multi-Sector Income Trust in the 1st quarter valued at about $178,000. Finally, Concurrent Investment Advisors LLC boosted its holdings in BlackRock Multi-Sector Income Trust by 15.1% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 14,069 shares of the investment management company’s stock valued at $205,000 after purchasing an additional 1,849 shares during the period.

BlackRock Multi-Sector Income Trust Stock Up 0.1%

Shares of BIT opened at $13.20 on Thursday. BlackRock Multi-Sector Income Trust has a 12 month low of $12.50 and a 12 month high of $15.12. The firm’s 50 day moving average is $13.25 and its 200-day moving average is $13.94.

BlackRock Multi-Sector Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be given a dividend of $0.1237 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date is Friday, November 14th.

BlackRock Multi-Sector Income Trust Profile

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.