Truist Financial Corp Sells 1,846 Shares of BlackRock Science and Technology Trust (NYSE:BST)

Truist Financial Corp cut its stake in shares of BlackRock Science and Technology Trust (NYSE:BST – Get Rating) by 12.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,641 shares of the company’s stock after selling 1,846 shares during the quarter. Truist Financial Corp’s holdings in BlackRock Science and Technology Trust were worth $371,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of BST. JFS Wealth Advisors LLC lifted its position in BlackRock Science and Technology Trust by 103.7% during the second quarter. JFS Wealth Advisors LLC now owns 780 shares of the company’s stock valued at $25,000 after purchasing an additional 397 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in shares of BlackRock Science and Technology Trust in the 1st quarter worth approximately $59,000. Retirement Group LLC lifted its holdings in shares of BlackRock Science and Technology Trust by 57.8% in the 2nd quarter. Retirement Group LLC now owns 1,988 shares of the company’s stock worth $65,000 after acquiring an additional 728 shares during the last quarter. Captrust Financial Advisors bought a new stake in shares of BlackRock Science and Technology Trust in the 2nd quarter worth approximately $73,000. Finally, Parallel Advisors LLC lifted its holdings in shares of BlackRock Science and Technology Trust by 83.5% in the 2nd quarter. Parallel Advisors LLC now owns 5,333 shares of the company’s stock worth $173,000 after acquiring an additional 2,426 shares during the last quarter.

BlackRock Science and Technology Trust Stock Performance

Shares of BST opened at $32.27 on Wednesday. BlackRock Science and Technology Trust has a fifty-two week low of $27.45 and a fifty-two week high of $47.55. The firm has a 50 day moving average price of $30.61 and a 200-day moving average price of $32.28.

BlackRock Science and Technology Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Friday, January 13th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, January 12th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 9.30%.

BlackRock Science and Technology Trust Profile

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Blackrock Science & Technology Trust operates as a mutual fund-closed end investment trust. Its investment objective is to provide income and total return through a combination of current income, current gains and long-term capital appreciation. It focuses on investing, under normal market conditions, at least 80% of its total assets in equity securities of science and technology companies.