Commonwealth Equity Services LLC Has $958,000 Position in BlackRock Science and Technology Trust II (NASDAQ:BSTZ)

Commonwealth Equity Services LLC raised its holdings in shares of BlackRock Science and Technology Trust II (NASDAQ:BSTZ – Get Rating) by 12.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,294 shares of the company’s stock after purchasing an additional 6,865 shares during the quarter. Commonwealth Equity Services LLC’s holdings in BlackRock Science and Technology Trust II were worth $958,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. LPL Financial LLC increased its stake in BlackRock Science and Technology Trust II by 4.4% during the 4th quarter. LPL Financial LLC now owns 217,867 shares of the company’s stock valued at $3,407,000 after purchasing an additional 9,278 shares in the last quarter. Firethorn Wealth Partners LLC bought a new stake in shares of BlackRock Science and Technology Trust II in the 4th quarter worth $244,000. Moors & Cabot Inc. bought a new stake in shares of BlackRock Science and Technology Trust II in the 4th quarter worth $235,000. Bank of Montreal Can bought a new stake in shares of BlackRock Science and Technology Trust II in the 4th quarter worth $549,000. Finally, Wolverine Asset Management LLC grew its stake in shares of BlackRock Science and Technology Trust II by 95.7% in the 4th quarter. Wolverine Asset Management LLC now owns 344,133 shares of the company’s stock worth $5,382,000 after acquiring an additional 168,245 shares in the last quarter.

BlackRock Science and Technology Trust II Trading Up 1.4 %

NASDAQ BSTZ opened at $16.91 on Tuesday. BlackRock Science and Technology Trust II has a 1 year low of $15.30 and a 1 year high of $24.15. The company has a fifty day moving average price of $16.88 and a 200-day moving average price of $17.13.

BlackRock Science and Technology Trust II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th will be paid a $0.1613 dividend. The ex-dividend date of this dividend is Friday, May 12th. This represents a $1.94 annualized dividend and a dividend yield of 11.45%.

BlackRock Science and Technology Trust II Company 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.