BlackRock Science and Technology Trust (NYSE:BST – Get Free Report) announced a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.25 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Tuesday, September 15th.
BlackRock Science and Technology Trust Stock Performance
BlackRock Science and Technology Trust stock opened at $50.27 on Friday. The stock’s fifty day moving average is $48.37 and its two-hundred day moving average is $44.90. BlackRock Science and Technology Trust has a 1-year low of $34.87 and a 1-year high of $51.30.
Institutional Trading of BlackRock Science and Technology Trust
Large investors have recently made changes to their positions in the company. Alchemi Wealth LLC acquired a new stake in shares of BlackRock Science and Technology Trust during the fourth quarter worth about $4,693,000. Invesco Ltd. boosted its position in BlackRock Science and Technology Trust by 21.8% during the third quarter. Invesco Ltd. now owns 526,251 shares of the company’s stock worth $21,766,000 after purchasing an additional 94,036 shares in the last quarter. 1607 Capital Partners LLC lifted its holdings in shares of BlackRock Science and Technology Trust by 25.0% in the second quarter. 1607 Capital Partners LLC now owns 468,610 shares of the company’s stock valued at $23,763,000 after purchasing an additional 93,790 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of BlackRock Science and Technology Trust by 1,050.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 93,506 shares of the company’s stock valued at $3,791,000 after acquiring an additional 85,381 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of BlackRock Science and Technology Trust by 23.3% during the first quarter. Bank of America Corp DE now owns 280,055 shares of the company’s stock valued at $10,180,000 after buying an additional 52,846 shares during the period.
About BlackRock Science and Technology Trust
BlackRock Science and Technology Trust (NYSE: BST) is a closed-end management investment company that concentrates its investments in the equity securities of companies engaged in science and technology industries. Established in December 2018, the trust seeks to provide shareholders with total return through a combination of capital appreciation and current income. BST primarily targets firms involved in information technology, biotechnology, clean energy, advanced manufacturing, and other technology-driven sectors.
The trust’s investment strategy is rooted in fundamental, bottom-up analysis carried out by a dedicated team of research professionals at BlackRock.
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