Blackrock Innovation & Growth Trust (NYSE:BIGZ) Stock Position Lowered by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its position in shares of Blackrock Innovation & Growth Trust (NYSE:BIGZ – Get Rating) by 8.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,283 shares of the company’s stock after selling 7,039 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Blackrock Innovation & Growth Trust were worth $584,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of BIGZ. Bank of America Corp DE boosted its stake in shares of Blackrock Innovation & Growth Trust by 14.0% during the 1st quarter. Bank of America Corp DE now owns 4,231,958 shares of the company’s stock valued at $48,202,000 after buying an additional 521,337 shares during the period. UBS Group AG boosted its position in Blackrock Innovation & Growth Trust by 75.6% during the first quarter. UBS Group AG now owns 3,898,263 shares of the company’s stock valued at $44,401,000 after purchasing an additional 1,677,919 shares during the last quarter. Raymond James & Associates grew its stake in Blackrock Innovation & Growth Trust by 9.8% in the third quarter. Raymond James & Associates now owns 2,224,631 shares of the company’s stock valued at $16,173,000 after purchasing an additional 198,629 shares in the last quarter. Lazard Asset Management LLC increased its position in Blackrock Innovation & Growth Trust by 100.2% in the 2nd quarter. Lazard Asset Management LLC now owns 1,576,634 shares of the company’s stock worth $12,518,000 after purchasing an additional 788,968 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of Blackrock Innovation & Growth Trust by 17.5% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 962,961 shares of the company’s stock worth $7,001,000 after purchasing an additional 143,640 shares in the last quarter.

Blackrock Innovation & Growth Trust Price Performance

Shares of NYSE BIGZ opened at $7.34 on Friday. The business has a 50 day simple moving average of $7.12 and a 200 day simple moving average of $7.68. Blackrock Innovation & Growth Trust has a 52 week low of $6.47 and a 52 week high of $14.10.

Blackrock Innovation & Growth Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Friday, January 13th will be paid a dividend of $0.07 per share. The ex-dividend date is Thursday, January 12th. This represents a $0.84 annualized dividend and a dividend yield of 11.44%.

About Blackrock Innovation & Growth Trust

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Blackrock Innovation & Growth Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. Blackrock Innovation & Growth Trust is based in United States.