Raymond James Financial Services Advisors Inc. cut its stake in BlackRock Income Trust, Inc. (NYSE:BKT – Get Rating) by 69.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 263,815 shares of the company’s stock after selling 596,510 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in BlackRock Income Trust were worth $3,255,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in BKT. Rivernorth Capital Management LLC acquired a new stake in shares of BlackRock Income Trust in the 1st quarter worth $3,445,000. Bank of America Corp DE lifted its position in BlackRock Income Trust by 556.3% during the 1st quarter. Bank of America Corp DE now owns 739,954 shares of the company’s stock worth $3,796,000 after acquiring an additional 627,209 shares during the period. Vectors Research Management LLC acquired a new stake in BlackRock Income Trust during the 4th quarter worth about $3,914,000. Melfa Wealth Management LLC acquired a new stake in BlackRock Income Trust during the 4th quarter worth about $2,793,000. Finally, Invesco Ltd. lifted its position in BlackRock Income Trust by 29.0% during the 1st quarter. Invesco Ltd. now owns 745,822 shares of the company’s stock worth $3,826,000 after acquiring an additional 167,653 shares during the period.
BlackRock Income Trust Stock Down 0.0 %
Shares of BKT opened at $12.36 on Monday. The stock has a 50-day moving average of $12.59 and a two-hundred day moving average of $12.65. BlackRock Income Trust, Inc. has a one year low of $11.60 and a one year high of $14.46.
BlackRock Income Trust Announces Dividend
BlackRock Income Trust Company Profile
BlackRock Income Trust, Inc is a closed-end investment fund. Its investment objective is to provide total return through a combination of current income and capital appreciation. The company was founded on July 31, 1988 and is headquartered in Wilmington, DE.
- Get a free copy of the StockNews.com research report on BlackRock Income Trust (BKT)
- MarketBeat Week in Review – 5/15 – 5/19
- Applied Materials: Cracks In The Chip Recovery Or Time To Buy?
- Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook
- How Many Roth IRAs Can You Have?
- Why You Should Consider Buying Nvidia Ahead Of Earnings
Want to see what other hedge funds are holding BKT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Income Trust, Inc. (NYSE:BKT – Get Rating).
Receive News & Ratings for BlackRock Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.