SOA Wealth Advisors LLC. Reduces Stock Position in BlackRock Health Sciences Term Trust $BMEZ

SOA Wealth Advisors LLC. lessened its position in BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 7.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 39,717 shares of the company’s stock after selling 3,001 shares during the period. SOA Wealth Advisors LLC.’s holdings in BlackRock Health Sciences Term Trust were worth $566,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of BMEZ. Royal Bank of Canada lifted its stake in BlackRock Health Sciences Term Trust by 326.9% in the first quarter. Royal Bank of Canada now owns 1,594,157 shares of the company’s stock worth $23,753,000 after acquiring an additional 1,220,764 shares during the period. Absolute Investment Advisers LLC raised its holdings in BlackRock Health Sciences Term Trust by 112.7% in the 1st quarter. Absolute Investment Advisers LLC now owns 582,256 shares of the company’s stock worth $8,676,000 after purchasing an additional 308,562 shares in the last quarter. Tabor Asset Management LP purchased a new stake in shares of BlackRock Health Sciences Term Trust in the 1st quarter worth about $3,268,000. Quarry LP lifted its position in shares of BlackRock Health Sciences Term Trust by 102.6% in the 1st quarter. Quarry LP now owns 222,175 shares of the company’s stock worth $3,310,000 after purchasing an additional 112,514 shares during the period. Finally, NewGen Asset Management Ltd bought a new stake in shares of BlackRock Health Sciences Term Trust during the 1st quarter valued at about $1,283,000.

BlackRock Health Sciences Term Trust Trading Up 1.5%

BMEZ stock opened at $14.63 on Thursday. BlackRock Health Sciences Term Trust has a fifty-two week low of $12.58 and a fifty-two week high of $16.75. The business’s 50 day moving average price is $14.21 and its two-hundred day moving average price is $14.30.

BlackRock Health Sciences Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.11 per share. This represents a c) dividend on an annualized basis and a yield of 9.0%. The ex-dividend date is Wednesday, October 15th.

BlackRock Health Sciences Term Trust Profile

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.