LPL Financial LLC Grows Holdings in BlackRock Science and Technology Trust II (NASDAQ:BSTZ)

LPL Financial LLC raised its position in BlackRock Science and Technology Trust II (NASDAQ:BSTZ – Get Rating) by 4.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 217,867 shares of the company’s stock after acquiring an additional 9,278 shares during the period. LPL Financial LLC’s holdings in BlackRock Science and Technology Trust II were worth $3,407,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Oppenheimer & Co. Inc. lifted its stake in shares of BlackRock Science and Technology Trust II by 6.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 63,554 shares of the company’s stock worth $1,121,000 after acquiring an additional 3,784 shares during the period. International Assets Investment Management LLC purchased a new position in BlackRock Science and Technology Trust II during the 4th quarter valued at about $665,000. Matisse Capital purchased a new position in BlackRock Science and Technology Trust II during the 4th quarter valued at about $1,251,000. City of London Investment Management Co. Ltd. increased its holdings in BlackRock Science and Technology Trust II by 29.4% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 180,470 shares of the company’s stock valued at $3,180,000 after acquiring an additional 40,994 shares in the last quarter. Finally, Wedbush Securities Inc. increased its holdings in BlackRock Science and Technology Trust II by 353.7% during the 4th quarter. Wedbush Securities Inc. now owns 181,108 shares of the company’s stock valued at $2,833,000 after acquiring an additional 141,189 shares in the last quarter.

BlackRock Science and Technology Trust II Trading Up 1.6 %

Shares of NASDAQ BSTZ opened at $16.65 on Friday. BlackRock Science and Technology Trust II has a 12 month low of $15.30 and a 12 month high of $24.15. The company has a 50-day simple moving average of $16.88 and a 200-day simple moving average of $17.13.

BlackRock Science and Technology Trust II Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th will be issued a dividend of $0.1613 per share. The ex-dividend date is Friday, May 12th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 11.63%.

BlackRock Science and Technology Trust II Profile

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BlackRock Science and Technology Trust II, is a limited-term closed-end equity fund. BSTZ commenced operations in June 2019 with the investment objectives of providing total return and income through a combination of current income, current gains and long-term capital appreciation. Under normal market conditions, the Trust will invest at least 80% of its total assets in equity securities issued by U.S.