International Assets Investment Management LLC Purchases New Holdings in BlackRock Income Trust, Inc. (NYSE:BKT)

International Assets Investment Management LLC purchased a new stake in shares of BlackRock Income Trust, Inc. (NYSE:BKT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 105,479 shares of the company’s stock, valued at approximately $12,850,000. International Assets Investment Management LLC owned 0.49% of BlackRock Income Trust as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP bought a new position in BlackRock Income Trust during the fourth quarter valued at about $82,000. Meadow Creek Wealth Advisors LLC bought a new stake in shares of BlackRock Income Trust in the 4th quarter valued at approximately $208,000. Arkadios Wealth Advisors grew its stake in shares of BlackRock Income Trust by 2.8% in the 4th quarter. Arkadios Wealth Advisors now owns 38,163 shares of the company’s stock valued at $465,000 after purchasing an additional 1,043 shares during the period. Raymond James Trust N.A. grew its stake in shares of BlackRock Income Trust by 3.1% in the 4th quarter. Raymond James Trust N.A. now owns 42,911 shares of the company’s stock valued at $523,000 after purchasing an additional 1,300 shares during the period. Finally, Virtus ETF Advisers LLC bought a new stake in shares of BlackRock Income Trust in the 3rd quarter valued at approximately $654,000. 39.43% of the stock is currently owned by institutional investors.

BlackRock Income Trust Trading Up 1.0 %

BKT stock opened at $11.47 on Monday. BlackRock Income Trust, Inc. has a 1-year low of $10.55 and a 1-year high of $12.74. The business’s 50 day moving average is $11.66 and its 200-day moving average is $11.72.

BlackRock Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.0882 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.06 annualized dividend and a dividend yield of 9.23%.

BlackRock Income Trust Profile

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.