Compound Planning Inc. Has $416,000 Holdings in BlackRock Science and Technology Trust $BST

Compound Planning Inc. cut its position in shares of BlackRock Science and Technology Trust (NYSE:BST) by 57.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,442 shares of the company’s stock after selling 15,624 shares during the period. Compound Planning Inc.’s holdings in BlackRock Science and Technology Trust were worth $416,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in BST. Fortem Financial Group LLC bought a new stake in BlackRock Science and Technology Trust in the first quarter worth approximately $486,000. Northwestern Mutual Wealth Management Co. raised its holdings in BlackRock Science and Technology Trust by 1,050.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 93,506 shares of the company’s stock valued at $3,791,000 after buying an additional 85,381 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of BlackRock Science and Technology Trust by 213.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 21,184 shares of the company’s stock worth $859,000 after buying an additional 14,430 shares during the last quarter. Alchemi Wealth LLC bought a new stake in shares of BlackRock Science and Technology Trust during the 4th quarter worth about $4,693,000. Finally, 1607 Capital Partners LLC boosted its stake in shares of BlackRock Science and Technology Trust by 16.1% during the 4th quarter. 1607 Capital Partners LLC now owns 374,713 shares of the company’s stock worth $15,191,000 after acquiring an additional 52,097 shares in the last quarter.

BlackRock Science and Technology Trust Price Performance

Shares of NYSE BST opened at $44.05 on Thursday. The business’s 50-day simple moving average is $47.49 and its 200-day simple moving average is $42.89. BlackRock Science and Technology Trust has a 52 week low of $34.87 and a 52 week high of $51.30.

BlackRock Science and Technology Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 6.8%.

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.