Raymond James & Associates Lowers Stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Raymond James & Associates lowered its stake in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZFree Report) by 1.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 870,090 shares of the company’s stock after selling 10,200 shares during the period. Raymond James & Associates’ holdings in BlackRock Science and Technology Term Trust were worth $14,539,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in BSTZ. Logan Stone Capital LLC boosted its position in shares of BlackRock Science and Technology Term Trust by 4,205.8% during the 4th quarter. Logan Stone Capital LLC now owns 706,673 shares of the company’s stock worth $11,052,000 after purchasing an additional 690,261 shares during the period. Mangrove Partners purchased a new position in shares of BlackRock Science and Technology Term Trust during the 4th quarter worth approximately $4,537,000. Prevail Innovative Wealth Advisors LLC purchased a new position in shares of BlackRock Science and Technology Term Trust during the 2nd quarter worth approximately $5,027,000. Lazard Asset Management LLC lifted its holdings in BlackRock Science and Technology Term Trust by 81.2% during the 3rd quarter. Lazard Asset Management LLC now owns 615,054 shares of the company’s stock worth $10,148,000 after buying an additional 275,559 shares in the last quarter. Finally, UBS Group AG lifted its holdings in BlackRock Science and Technology Term Trust by 22.6% during the 1st quarter. UBS Group AG now owns 1,395,064 shares of the company’s stock worth $26,074,000 after buying an additional 256,716 shares in the last quarter.

BlackRock Science and Technology Term Trust Trading Down 1.3 %

BlackRock Science and Technology Term Trust stock opened at $19.11 on Wednesday. BlackRock Science and Technology Term Trust has a 52-week low of $14.11 and a 52-week high of $19.47. The company’s 50 day moving average is $18.42 and its two-hundred day moving average is $17.06.

BlackRock Science and Technology Term Trust Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a dividend of $0.1035 per share. The ex-dividend date was Thursday, March 14th. This is a positive change from BlackRock Science and Technology Term Trust’s previous monthly dividend of $0.10. This represents a $1.24 dividend on an annualized basis and a yield of 6.50%.

BlackRock Science and Technology Term Trust Profile

(Free Report)

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.

See Also

Institutional Ownership by Quarter for BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

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