Sunbelt Securities Inc. Lowers Stock Holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Sunbelt Securities Inc. lessened its holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 36.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 7,651 shares of the company’s stock after selling 4,412 shares during the period. Sunbelt Securities Inc.’s holdings in BlackRock Science and Technology Term Trust were worth $147,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James & Associates grew its stake in BlackRock Science and Technology Term Trust by 3.1% during the second quarter. Raymond James & Associates now owns 939,506 shares of the company’s stock valued at $18,706,000 after acquiring an additional 28,494 shares in the last quarter. Dakota Wealth Management increased its position in BlackRock Science and Technology Term Trust by 2.0% during the 2nd quarter. Dakota Wealth Management now owns 35,915 shares of the company’s stock valued at $715,000 after purchasing an additional 710 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of BlackRock Science and Technology Term Trust by 8.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 124,734 shares of the company’s stock valued at $2,483,000 after purchasing an additional 9,708 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of BlackRock Science and Technology Term Trust by 12.5% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 62,377 shares of the company’s stock worth $1,242,000 after purchasing an additional 6,954 shares during the period. Finally, Skyline Advisors Inc. boosted its stake in shares of BlackRock Science and Technology Term Trust by 0.9% during the second quarter. Skyline Advisors Inc. now owns 86,968 shares of the company’s stock valued at $1,732,000 after purchasing an additional 765 shares in the last quarter.

BlackRock Science and Technology Term Trust Stock Down 0.1 %

Shares of NASDAQ BSTZ opened at $21.62 on Friday. BlackRock Science and Technology Term Trust has a 12-month low of $16.21 and a 12-month high of $22.08. The stock’s fifty day simple moving average is $20.62 and its two-hundred day simple moving average is $19.74.

BlackRock Science and Technology Term Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 16th will be paid a dividend of $0.218 per share. The ex-dividend date is Monday, December 16th. This represents a $2.62 annualized dividend and a yield of 12.10%.

BlackRock Science and Technology Term Trust 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.