Noble Wealth Management PBC Has $1.44 Million Holdings in BlackRock Science and Technology Term Trust $BSTZ

Noble Wealth Management PBC grew its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 3,330.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,025 shares of the company’s stock after purchasing an additional 46,625 shares during the quarter. Noble Wealth Management PBC’s holdings in BlackRock Science and Technology Term Trust were worth $1,442,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Saba Capital Management L.P. lifted its holdings in BlackRock Science and Technology Term Trust by 21.4% during the 1st quarter. Saba Capital Management L.P. now owns 5,531,595 shares of the company’s stock worth $122,525,000 after purchasing an additional 974,104 shares during the last quarter. Rivernorth Capital Management LLC lifted its holdings in shares of BlackRock Science and Technology Term Trust by 2.5% during the first quarter. Rivernorth Capital Management LLC now owns 1,493,937 shares of the company’s stock worth $33,091,000 after buying an additional 35,905 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of BlackRock Science and Technology Term Trust by 4.2% during the second quarter. Invesco Ltd. now owns 990,482 shares of the company’s stock worth $20,553,000 after buying an additional 39,881 shares in the last quarter. Bank of America Corp DE grew its stake in shares of BlackRock Science and Technology Term Trust by 16.8% in the third quarter. Bank of America Corp DE now owns 959,947 shares of the company’s stock valued at $21,272,000 after acquiring an additional 138,030 shares in the last quarter. Finally, Wedbush Securities Inc. grew its stake in shares of BlackRock Science and Technology Term Trust by 6.9% in the fourth quarter. Wedbush Securities Inc. now owns 737,797 shares of the company’s stock valued at $16,682,000 after acquiring an additional 47,885 shares in the last quarter.

BlackRock Science and Technology Term Trust Trading Up 1.9%

Shares of BlackRock Science and Technology Term Trust stock opened at $28.98 on Tuesday. BlackRock Science and Technology Term Trust has a twelve month low of $20.49 and a twelve month high of $31.88. The company has a 50-day simple moving average of $29.43 and a two-hundred day simple moving average of $25.77.

BlackRock Science and Technology Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.1625 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 6.7%.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.