BlackRock Science and Technology Trust (NYSE:BST – Get Free Report) announced a monthly dividend on Thursday, September 10th. Investors of record on Friday, November 13th will be paid a dividend of 0.25 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Friday, November 13th.
BlackRock Science and Technology Trust Stock Performance
Shares of BST stock opened at $50.27 on Friday. BlackRock Science and Technology Trust has a twelve month low of $34.87 and a twelve month high of $51.30. The stock’s fifty day simple moving average is $48.37 and its 200 day simple moving average is $44.90.
Institutional Trading of BlackRock Science and Technology Trust
Several hedge funds and other institutional investors have recently made changes to their positions in BST. Alchemi Wealth LLC bought a new stake in shares of BlackRock Science and Technology Trust in the 4th quarter valued at about $4,693,000. Invesco Ltd. raised its position in shares of 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 acquiring an additional 94,036 shares during the last quarter. 1607 Capital Partners LLC raised its position in shares of BlackRock Science and Technology Trust by 25.0% during the second quarter. 1607 Capital Partners LLC now owns 468,610 shares of the company’s stock worth $23,763,000 after acquiring an additional 93,790 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of BlackRock Science and Technology Trust by 1,050.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 93,506 shares of the company’s stock worth $3,791,000 after acquiring an additional 85,381 shares during the period. Finally, Bank of America Corp DE lifted its stake 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 worth $10,180,000 after acquiring 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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