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.
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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
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