BlackRock Income Trust (BKT) Position Reduced by Oppenheimer & Co. Inc.

Share on StockTwits

Oppenheimer & Co. Inc. trimmed its holdings in shares of BlackRock Income Trust (NYSE:BKT) by 11.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 74,630 shares of the company’s stock after selling 9,800 shares during the period. Oppenheimer & Co. Inc.’s holdings in BlackRock Income Trust were worth $421,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. We Are One Seven LLC acquired a new stake in shares of BlackRock Income Trust in the 4th quarter valued at $41,000. Bulldog Investors LLC raised its holdings in shares of BlackRock Income Trust by 620.9% in the third quarter. Bulldog Investors LLC now owns 187,605 shares of the company’s stock valued at $1,073,000 after buying an additional 161,582 shares during the last quarter. Proequities Inc. bought a new position in shares of BlackRock Income Trust in the third quarter valued at about $731,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of BlackRock Income Trust in the third quarter valued at about $411,000. Finally, Dakota Wealth Management bought a new position in shares of BlackRock Income Trust in the third quarter valued at about $795,000. Institutional investors and hedge funds own 54.98% of the company’s stock.

BlackRock Income Trust stock opened at $5.92 on Monday. BlackRock Income Trust has a 12-month low of $5.55 and a 12-month high of $5.95.

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Friday, February 15th will be issued a $0.0344 dividend. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 6.97%.

ILLEGAL ACTIVITY WARNING: This news story was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this news story on another site, it was illegally stolen and reposted in violation of US and international trademark & copyright law. The correct version of this news story can be accessed at https://www.tickerreport.com/banking-finance/4143468/blackrock-income-trust-bkt-position-reduced-by-oppenheimer-co-inc.html.

About BlackRock Income Trust

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.

Further Reading: Understanding each part of a balance sheet

Want to see what other hedge funds are holding BKT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Income Trust (NYSE:BKT).

Institutional Ownership by Quarter for BlackRock Income Trust (NYSE:BKT)

Receive News & Ratings for BlackRock Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

GrubHub  Price Target Cut to $1.80 by Analysts at Argus
GrubHub Price Target Cut to $1.80 by Analysts at Argus
Mimecast Ltd  Shares Sold by JPMorgan Chase & Co.
Mimecast Ltd Shares Sold by JPMorgan Chase & Co.
797 Shares in ProShares Ultra Russell2000  Purchased by Larson Financial Group LLC
797 Shares in ProShares Ultra Russell2000 Purchased by Larson Financial Group LLC
Helen of Troy Limited  Shares Sold by GW&K Investment Management LLC
Helen of Troy Limited Shares Sold by GW&K Investment Management LLC
500 Shares in Spotify  Purchased by Larson Financial Group LLC
500 Shares in Spotify Purchased by Larson Financial Group LLC
Larson Financial Group LLC Buys New Stake in iShares MSCI Emerging Markets ETF
Larson Financial Group LLC Buys New Stake in iShares MSCI Emerging Markets ETF


Leave a Reply

© 2006-2019 Ticker Report