Noble Wealth Management PBC Purchases 46,625 Shares of BlackRock Science and Technology Term Trust $BSTZ

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

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE lifted its stake in BlackRock Science and Technology Term Trust by 165.3% in the third quarter. US Bancorp DE now owns 1,804 shares of the company’s stock valued at $40,000 after acquiring an additional 1,124 shares during the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of BlackRock Science and Technology Term Trust during the 1st quarter worth about $40,000. Fifth Third Bancorp bought a new stake in shares of BlackRock Science and Technology Term Trust in the 1st quarter valued at about $57,000. Kestra Advisory Services LLC bought a new stake in shares of BlackRock Science and Technology Term Trust in the 4th quarter valued at about $68,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in BlackRock Science and Technology Term Trust by 13.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,638 shares of the company’s stock valued at $138,000 after purchasing an additional 767 shares during the last quarter.

BlackRock Science and Technology Term Trust Trading Up 1.9%

BlackRock Science and Technology Term Trust stock opened at $28.98 on Tuesday. The stock has a 50-day simple moving average of $29.43 and a 200 day simple moving average of $25.77. BlackRock Science and Technology Term Trust has a 52 week low of $20.49 and a 52 week high of $31.88.

BlackRock Science and Technology Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.1625 per share. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Tuesday, September 15th.

About BlackRock Science and Technology Term Trust

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.