Blackrock Income Trust $BKT Stock Position Lifted by Rock Point Advisors LLC

Rock Point Advisors LLC grew its position in shares of Blackrock Income Trust (NYSE:BKT – Free Report) by 171.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 250,023 shares of the company’s stock after buying an additional 157,850 shares during the period. Rock Point Advisors LLC’s holdings in Blackrock Income Trust were worth $2,760,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Comerica Bank lifted its holdings in Blackrock Income Trust by 43.0% during the 3rd quarter. Comerica Bank now owns 10,533 shares of the company’s stock worth $118,000 after buying an additional 3,166 shares during the last quarter. Fiera Capital Corp boosted its position in Blackrock Income Trust by 7.8% during the 3rd quarter. Fiera Capital Corp now owns 99,373 shares of the company’s stock valued at $1,117,000 after purchasing an additional 7,189 shares during the period. Uhlmann Price Securities LLC acquired a new position in Blackrock Income Trust during the 4th quarter valued at approximately $113,000. TrueMark Investments LLC acquired a new position in Blackrock Income Trust during the 4th quarter valued at approximately $221,000. Finally, Invesco Ltd. boosted its position in Blackrock Income Trust by 18.2% during the 2nd quarter. Invesco Ltd. now owns 256,017 shares of the company’s stock valued at $3,008,000 after purchasing an additional 39,410 shares during the period. Institutional investors own 39.43% of the company’s stock.

Get Blackrock Income Trust alerts:

Blackrock Income Trust Stock Performance

NYSE:BKT opened at $10.61 on Wednesday. Blackrock Income Trust has a 12-month low of $10.42 and a 12-month high of $11.86. The business has a 50 day simple moving average of $10.73 and a 200 day simple moving average of $10.96.

Blackrock Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.0882 per share. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 10.0%.

Blackrock Income Trust Company Profile

(Free Report)

BlackRock Income Trust (NYSE: BKT) is a diversified, closed-end management investment company sponsored by BlackRock, Inc The fund seeks to provide current income through investments in a broad array of fixed-income securities. Its holdings typically include high-yield corporate bonds, investment-grade corporate debt, government and agency obligations and securitized products such as mortgage- and asset-backed securities.

The trust employs active portfolio management, aiming to capitalize on credit opportunities across global and domestic markets.

Read More

• Five stocks we like better than Blackrock Income Trust
• Navy Catalyst Ignites Odysight’s Growth Engine
• AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
• Axon Surged After Earnings and Is Still Down Over 50% From Highs
• The Event That Could Redefine Apple’s Summer Rally

Want to see what other hedge funds are holding BKT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock Income Trust (NYSE:BKT – Free Report).

Receive News & Ratings for Blackrock Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.