Consolidated Portfolio Review Corp reduced its stake in BlackRock Multi-Sector Income Trust (NYSE:BIT – Free Report) by 15.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,583 shares of the investment management company’s stock after selling 2,113 shares during the period. Consolidated Portfolio Review Corp’s holdings in BlackRock Multi-Sector Income Trust were worth $174,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Sound Income Strategies LLC bought a new stake in BlackRock Multi-Sector Income Trust in the 3rd quarter valued at $42,000. PNC Financial Services Group Inc. increased its holdings in BlackRock Multi-Sector Income Trust by 1,040.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,700 shares of the investment management company’s stock valued at $81,000 after acquiring an additional 5,200 shares during the last quarter. NBC Securities Inc. bought a new stake in BlackRock Multi-Sector Income Trust in the 3rd quarter valued at $83,000. Comerica Bank bought a new stake in BlackRock Multi-Sector Income Trust in the 3rd quarter valued at $115,000. Finally, Kestra Advisory Services LLC bought a new stake in BlackRock Multi-Sector Income Trust in the 3rd quarter valued at $150,000.
BlackRock Multi-Sector Income Trust Trading Down 1.3 %
Shares of NYSE BIT opened at $15.35 on Monday. The firm’s fifty day moving average is $15.54 and its two-hundred day moving average is $15.07. BlackRock Multi-Sector Income Trust has a 52-week low of $13.65 and a 52-week high of $15.98.
BlackRock Multi-Sector Income Trust Dividend Announcement
BlackRock Multi-Sector Income Trust Profile
BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.
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