BlackRock Income Trust, Inc. (NYSE:BKT) Shares Sold by Raymond James & Associates

Raymond James & Associates trimmed its position in shares of BlackRock Income Trust, Inc. (NYSE:BKTGet Rating) by 4.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 630,622 shares of the company’s stock after selling 31,705 shares during the period. Raymond James & Associates’ holdings in BlackRock Income Trust were worth $2,611,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Sit Investment Associates Inc. lifted its stake in BlackRock Income Trust by 2.8% during the second quarter. Sit Investment Associates Inc. now owns 4,686,265 shares of the company’s stock worth $21,276,000 after purchasing an additional 127,663 shares in the last quarter. Rock Point Advisors LLC acquired a new stake in shares of BlackRock Income Trust in the second quarter valued at $1,206,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of BlackRock Income Trust by 49.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 59,794 shares of the company’s stock valued at $272,000 after acquiring an additional 19,694 shares in the last quarter. Aviance Capital Partners LLC raised its stake in shares of BlackRock Income Trust by 15.6% in the second quarter. Aviance Capital Partners LLC now owns 363,132 shares of the company’s stock valued at $1,649,000 after acquiring an additional 49,080 shares in the last quarter. Finally, WMG Financial Advisors LLC acquired a new stake in shares of BlackRock Income Trust in the second quarter valued at $59,000.

BlackRock Income Trust Trading Down 0.9 %

Shares of NYSE BKT opened at $13.03 on Friday. BlackRock Income Trust, Inc. has a 12-month low of $11.60 and a 12-month high of $16.26. The business’s fifty day simple moving average is $12.66 and its 200-day simple moving average is $12.96.

BlackRock Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, January 31st. Shareholders of record on Friday, January 13th will be issued a dividend of $0.0882 per share. This represents a $1.06 annualized dividend and a dividend yield of 8.12%. The ex-dividend date is Thursday, January 12th.

BlackRock Income Trust Profile

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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.

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

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