Semus Wealth Partners LLC Trims Stock Position in BlackRock Income Trust, Inc. (NYSE:BKT)

Semus Wealth Partners LLC cut its position in shares of BlackRock Income Trust, Inc. (NYSE:BKT) by 31.0% during the third quarter, Holdings Channel.com reports. The firm owned 12,548 shares of the company’s stock after selling 5,641 shares during the quarter. Semus Wealth Partners LLC’s holdings in BlackRock Income Trust were worth $156,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Raymond James & Associates increased its position in shares of BlackRock Income Trust by 39.2% during the second quarter. Raymond James & Associates now owns 395,569 shares of the company’s stock valued at $4,719,000 after acquiring an additional 111,364 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of BlackRock Income Trust during the third quarter valued at about $13,380,000. Choreo LLC acquired a new stake in shares of BlackRock Income Trust during the second quarter valued at about $233,000. Canal Capital Management LLC acquired a new stake in shares of BlackRock Income Trust during the second quarter valued at about $231,000. Finally, Thrivent Financial for Lutherans increased its position in shares of BlackRock Income Trust by 34.3% during the third quarter. Thrivent Financial for Lutherans now owns 66,493 shares of the company’s stock valued at $826,000 after acquiring an additional 17,000 shares during the last quarter. 39.43% of the stock is owned by hedge funds and other institutional investors.

BlackRock Income Trust Trading Down 0.4 %

Shares of BKT opened at $11.77 on Monday. BlackRock Income Trust, Inc. has a 1-year low of $11.06 and a 1-year high of $12.67. The firm has a 50-day simple moving average of $12.22 and a two-hundred day simple moving average of $12.05.

BlackRock Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.0882 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 8.99%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock Income Trust Company 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.