BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX Stake Raised by Quantedge Capital Pte Ltd

Quantedge Capital Pte Ltd lifted its stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) by 33.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,187,179 shares of the company’s stock after purchasing an additional 300,100 shares during the quarter. BlackRock Tchnlgy nd Prvt Eqty Trm Trst comprises about 4.3% of Quantedge Capital Pte Ltd’s investment portfolio, making the stock its 6th largest position. Quantedge Capital Pte Ltd owned approximately 2.02% of BlackRock Tchnlgy nd Prvt Eqty Trm Trst worth $7,835,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in BTX. PFG Investments LLC lifted its stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 7.7% in the first quarter. PFG Investments LLC now owns 18,655 shares of the company’s stock valued at $123,000 after purchasing an additional 1,340 shares during the period. TrueMark Investments LLC grew its position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 5.4% during the first quarter. TrueMark Investments LLC now owns 29,708 shares of the company’s stock worth $196,000 after buying an additional 1,512 shares during the period. WPG Advisers LLC grew its position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 122.8% during the fourth quarter. WPG Advisers LLC now owns 4,546 shares of the company’s stock worth $30,000 after buying an additional 2,506 shares during the period. Silver Oak Securities Incorporated increased its holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 26.5% in the first quarter. Silver Oak Securities Incorporated now owns 17,135 shares of the company’s stock valued at $113,000 after buying an additional 3,587 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 4.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 81,194 shares of the company’s stock valued at $535,000 after buying an additional 3,598 shares in the last quarter. Hedge funds and other institutional investors own 26.00% of the company’s stock.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Trading Up 3.9%

BTX stock opened at $8.39 on Wednesday. The firm has a 50 day moving average of $8.81 and a 200-day moving average of $7.56. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 12-month low of $6.13 and a 12-month high of $9.44. The company has a market cap of $493.79 million, a price-to-earnings ratio of -3.70 and a beta of 4.61.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.0525 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. BlackRock Tchnlgy nd Prvt Eqty Trm Trst’s dividend payout ratio is currently -25.11%.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.