BlackRock Health Sciences Term Trust $BMEZ Shares Sold by Shaker Financial Services LLC

Shaker Financial Services LLC lessened its stake in BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 71.4% in the fourth quarter, Holdings Channel reports. The fund owned 52,652 shares of the company’s stock after selling 131,417 shares during the quarter. Shaker Financial Services LLC’s holdings in BlackRock Health Sciences Term Trust were worth $792,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. CWM LLC raised its stake in shares of BlackRock Health Sciences Term Trust by 25.6% during the fourth quarter. CWM LLC now owns 3,336 shares of the company’s stock valued at $50,000 after purchasing an additional 680 shares during the period. Brown Lisle Cummings Inc. boosted its stake in shares of BlackRock Health Sciences Term Trust by 8.8% in the fourth quarter. Brown Lisle Cummings Inc. now owns 50,764 shares of the company’s stock valued at $764,000 after purchasing an additional 4,098 shares during the period. Apollon Wealth Management LLC boosted its stake in shares of BlackRock Health Sciences Term Trust by 38.2% in the fourth quarter. Apollon Wealth Management LLC now owns 47,095 shares of the company’s stock valued at $709,000 after purchasing an additional 13,012 shares during the period. Spirepoint Private Client LLC acquired a new stake in BlackRock Health Sciences Term Trust during the 4th quarter valued at $154,000. Finally, Kavar Capital Partners Group LLC acquired a new stake in BlackRock Health Sciences Term Trust during the 4th quarter valued at $214,000.

BlackRock Health Sciences Term Trust Stock Up 0.8%

BlackRock Health Sciences Term Trust stock opened at $14.63 on Friday. BlackRock Health Sciences Term Trust has a 12-month low of $13.40 and a 12-month high of $15.80. The firm’s fifty day moving average price is $14.53 and its 200 day moving average price is $14.91.

BlackRock Health Sciences Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.11 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Health Sciences Term Trust Company Profile

BlackRock Health Sciences Term Trust (NYSE: BMEZ) is a closed-end management investment company organized as a Delaware statutory trust. Launched in March 2020, BMEZ seeks to provide total return through a combination of current income and capital appreciation by investing primarily in equity and equity-related securities of companies in the health sciences sector. The trust is structured with a fixed termination date in October 2030, at which time shareholders will vote on its liquidation, extension or conversion.

The fund’s investment portfolio is diversified across subsectors within health sciences, including biotechnology, pharmaceuticals, medical devices, diagnostics and healthcare services.