Wedbush Securities Inc. purchased a new position in shares of BlackRock Science and Technology Trust (NYSE:BST – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 122,104 shares of the company’s stock, valued at approximately $6,102,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. 1607 Capital Partners LLC raised its position in BlackRock Science and Technology Trust by 25.0% during the 2nd quarter. 1607 Capital Partners LLC now owns 468,610 shares of the company’s stock worth $23,763,000 after buying an additional 93,790 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of BlackRock Science and Technology Trust by 23.3% in the first quarter. Bank of America Corp DE now owns 280,055 shares of the company’s stock valued at $10,180,000 after acquiring an additional 52,846 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in shares of BlackRock Science and Technology Trust in the third quarter valued at about $563,000. Citadel Advisors LLC purchased a new stake in shares of BlackRock Science and Technology Trust in the second quarter valued at about $508,000. Finally, Kestra Advisory Services LLC increased its stake in shares of BlackRock Science and Technology Trust by 40.6% during the first quarter. Kestra Advisory Services LLC now owns 29,816 shares of the company’s stock worth $1,084,000 after acquiring an additional 8,606 shares during the period.
BlackRock Science and Technology Trust Price Performance
BST traded down $0.36 during trading on Friday, reaching $46.51. The company’s stock had a trading volume of 56,272 shares, compared to its average volume of 99,728. The company’s fifty day moving average price is $49.50 and its 200-day moving average price is $47.15. BlackRock Science and Technology Trust has a 52-week low of $34.87 and a 52-week high of $52.32.
BlackRock Science and Technology Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be paid a $0.25 dividend. The ex-dividend date is Friday, December 11th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 6.5%.
BlackRock Science and Technology Trust Company Profile
BlackRock Science and Technology Trust is a non-diversified, closed-end investment fund listed on the New York Stock Exchange under the symbol BST. The fund is advised by BlackRock Advisors, LLC, an affiliate of BlackRock, Inc, and is designed to provide investors with exposure to companies operating in the science and technology sectors.
BST seeks to generate total returns through a combination of current income, current gains and long-term capital appreciation. It generally invests in equity securities issued by science and technology companies, including businesses involved in areas such as software, semiconductors, hardware, communications, biotechnology and other technology-related industries.
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