International Assets Investment Management LLC boosted its position in BlackRock Science and Technology Trust (NYSE:BST – Free Report) by 97.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,000 shares of the company’s stock after purchasing an additional 12,311 shares during the quarter. International Assets Investment Management LLC’s holdings in BlackRock Science and Technology Trust were worth $1,249,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. D.A. Davidson & CO. acquired a new stake in shares of BlackRock Science and Technology Trust in the third quarter valued at about $1,752,000. Oppenheimer & Co. Inc. acquired a new position in BlackRock Science and Technology Trust during the third quarter worth about $2,487,000. Wedbush Securities Inc. acquired a new stake in shares of BlackRock Science and Technology Trust in the third quarter valued at approximately $6,102,000. PMG Family Office LLC increased its holdings in shares of BlackRock Science and Technology Trust by 0.5% in the third quarter. PMG Family Office LLC now owns 64,894 shares of the company’s stock valued at $3,243,000 after purchasing an additional 306 shares during the last quarter. Finally, Focus Financial Network Inc. lifted its position in BlackRock Science and Technology Trust by 6.9% during the third quarter. Focus Financial Network Inc. now owns 19,766 shares of the company’s stock worth $988,000 after buying an additional 1,283 shares in the last quarter.
BlackRock Science and Technology Trust Stock Down 0.9%
BST stock opened at $45.95 on Thursday. The business’s 50-day moving average is $49.15 and its two-hundred day moving average is $45.04. BlackRock Science and Technology Trust has a 1 year low of $34.87 and a 1 year high of $52.32.
BlackRock Science and Technology Trust Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be paid a dividend of $0.25 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, December 11th.
BlackRock Science and Technology Trust Profile
BlackRock Science and Technology Trust (NYSE:BST) is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund focuses on companies involved in the science and technology sectors, including businesses that develop or provide technology products, services, and related infrastructure.
The trust primarily invests in equity securities, with an emphasis on common stocks of science and technology companies.
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