42,678 Shares in Blackrock Multi-Sector Income Trust (BIT) Acquired by RMB Capital Management LLC

Share on StockTwits

RMB Capital Management LLC acquired a new position in shares of Blackrock Multi-Sector Income Trust (NYSE:BIT) in the 4th quarter, Holdings Channel reports. The fund acquired 42,678 shares of the investment management company’s stock, valued at approximately $656,000.

Several other institutional investors also recently modified their holdings of BIT. Lindbrook Capital LLC acquired a new position in shares of Blackrock Multi-Sector Income Trust during the 4th quarter worth approximately $25,000. Doyle Wealth Management acquired a new position in shares of Blackrock Multi-Sector Income Trust during the 4th quarter worth approximately $40,000. Private Advisor Group LLC acquired a new position in shares of Blackrock Multi-Sector Income Trust during the 4th quarter worth approximately $158,000. Janney Montgomery Scott LLC acquired a new position in shares of Blackrock Multi-Sector Income Trust during the 3rd quarter worth approximately $193,000. Finally, Oppenheimer & Co. Inc. acquired a new position in shares of Blackrock Multi-Sector Income Trust during the 4th quarter worth approximately $217,000.

Shares of Blackrock Multi-Sector Income Trust stock opened at $16.68 on Wednesday. Blackrock Multi-Sector Income Trust has a 1 year low of $14.79 and a 1 year high of $17.75.

The firm also recently declared a monthly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be issued a $0.1167 dividend. The ex-dividend date is Thursday, March 14th. This represents a $1.40 annualized dividend and a yield of 8.40%.

ILLEGAL ACTIVITY NOTICE: “42,678 Shares in Blackrock Multi-Sector Income Trust (BIT) Acquired by RMB Capital Management LLC” was reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://www.tickerreport.com/banking-finance/4235668/42678-shares-in-blackrock-multi-sector-income-trust-bit-acquired-by-rmb-capital-management-llc.html.

Blackrock Multi-Sector Income Trust Profile

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.

Recommended Story: What is a recession?

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

Institutional Ownership by Quarter for Blackrock Multi-Sector Income Trust (NYSE:BIT)

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



Latest News

MassGrid  Trading Up 23.8% Over Last Week
MassGrid Trading Up 23.8% Over Last Week
Divi Exchange Token Hits 1-Day Volume of $0.00
Divi Exchange Token Hits 1-Day Volume of $0.00
EncryptoTel [WAVES]  Price Reaches $0.0077 on Major Exchanges
EncryptoTel [WAVES] Price Reaches $0.0077 on Major Exchanges
Pampa Energia S.A.  Receives $49.00 Consensus Target Price from Brokerages
Pampa Energia S.A. Receives $49.00 Consensus Target Price from Brokerages
Koninklijke Ahold  Receives $28.00 Average Price Target from Analysts
Koninklijke Ahold Receives $28.00 Average Price Target from Analysts
Brokerages Anticipate Rudolph Technologies Inc  Will Post Quarterly Sales of $59.27 Million
Brokerages Anticipate Rudolph Technologies Inc Will Post Quarterly Sales of $59.27 Million


© 2006-2019 Ticker Report