WNY Asset Management LLC Makes New $850,000 Investment in BlackRock Science and Technology Term Trust $BSTZ

WNY Asset Management LLC acquired a new stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 38,387 shares of the company’s stock, valued at approximately $850,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BSTZ. Blue Bell Private Wealth Management LLC increased its position in shares of BlackRock Science and Technology Term Trust by 15.6% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 147,913 shares of the company’s stock valued at $3,344,000 after acquiring an additional 19,978 shares during the last quarter. HighTower Advisors LLC boosted its position in BlackRock Science and Technology Term Trust by 23.6% in the fourth quarter. HighTower Advisors LLC now owns 95,298 shares of the company’s stock worth $2,155,000 after purchasing an additional 18,219 shares during the last quarter. Wolverine Asset Management LLC boosted its position in BlackRock Science and Technology Term Trust by 189.1% in the fourth quarter. Wolverine Asset Management LLC now owns 113,146 shares of the company’s stock worth $2,558,000 after purchasing an additional 74,005 shares during the last quarter. Indivisible Partners bought a new position in BlackRock Science and Technology Term Trust in the 4th quarter valued at $461,000. Finally, Quantedge Capital Pte Ltd grew its stake in BlackRock Science and Technology Term Trust by 113.7% in the 1st quarter. Quantedge Capital Pte Ltd now owns 40,600 shares of the company’s stock valued at $899,000 after purchasing an additional 21,600 shares during the period.

BlackRock Science and Technology Term Trust Stock Up 1.5%

Shares of BlackRock Science and Technology Term Trust stock opened at $28.36 on Friday. BlackRock Science and Technology Term Trust has a 1 year low of $20.49 and a 1 year high of $31.88. The stock has a fifty day moving average price of $29.43 and a 200-day moving average price of $25.71.

BlackRock Science and Technology Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.1625 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 6.9%.

BlackRock Science and Technology Term Trust Company Profile

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.