HBK Investments L P Cuts Stock Position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

HBK Investments L P trimmed its stake in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 11.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 59,055 shares of the company’s stock after selling 7,613 shares during the quarter. HBK Investments L P’s holdings in BlackRock Science and Technology Term Trust were worth $1,134,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Penserra Capital Management LLC acquired a new position in shares of BlackRock Science and Technology Term Trust during the 3rd quarter worth about $14,485,000. International Assets Investment Management LLC lifted its position in shares of BlackRock Science and Technology Term Trust by 1,545.9% in the third quarter. International Assets Investment Management LLC now owns 210,917 shares of the company’s stock valued at $40,500,000 after acquiring an additional 198,102 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of BlackRock Science and Technology Term Trust in the second quarter worth approximately $2,504,000. Wedbush Securities Inc. increased its position in shares of BlackRock Science and Technology Term Trust by 13.3% during the second quarter. Wedbush Securities Inc. now owns 683,666 shares of the company’s stock worth $13,612,000 after purchasing an additional 80,260 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its position in shares of BlackRock Science and Technology Term Trust by 23.2% during the second quarter. Blue Bell Private Wealth Management LLC now owns 158,947 shares of the company’s stock worth $3,165,000 after purchasing an additional 29,880 shares in the last quarter.

BlackRock Science and Technology Term Trust Stock Performance

Shares of BSTZ stock opened at $21.32 on Friday. BlackRock Science and Technology Term Trust has a fifty-two week low of $16.21 and a fifty-two week high of $22.00. The stock’s fifty day moving average is $20.01 and its two-hundred day moving average is $19.50.

BlackRock Science and Technology Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.2155 dividend. This represents a $2.59 annualized dividend and a dividend yield of 12.13%. The ex-dividend date is Friday, November 15th.

BlackRock Science and Technology Term Trust Company Profile

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.