Tony Kim Purchases 10,264 Shares of BlackRock Science and Technology Trust (NYSE:BST) Stock

BlackRock Science and Technology Trust (NYSE:BST) Portfolio Manager Tony Kim bought 10,264 shares of the stock in a transaction on Thursday, February 20th. The stock was purchased at an average cost of $38.78 per share, for a total transaction of $398,037.92. Following the acquisition, the portfolio manager now owns 41,514 shares of the company’s stock, valued at $1,609,912.92. This trade represents a 32.84 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

BlackRock Science and Technology Trust Price Performance

BST stock opened at $37.99 on Monday. BlackRock Science and Technology Trust has a fifty-two week low of $31.38 and a fifty-two week high of $39.59. The business’s 50-day moving average is $37.60 and its two-hundred day moving average is $36.44.

BlackRock Science and Technology Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.25 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 7.90%. The ex-dividend date is Friday, February 14th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Elequin Capital LP bought a new position in shares of BlackRock Science and Technology Trust in the fourth quarter worth about $45,000. Polar Asset Management Partners Inc. raised its stake in shares of BlackRock Science and Technology Trust by 100.7% in the fourth quarter. Polar Asset Management Partners Inc. now owns 28,696 shares of the company’s stock worth $1,049,000 after buying an additional 14,396 shares during the period. Ameriprise Financial Inc. raised its stake in shares of BlackRock Science and Technology Trust by 1.1% in the fourth quarter. Ameriprise Financial Inc. now owns 471,949 shares of the company’s stock worth $17,254,000 after buying an additional 5,334 shares during the period. 1607 Capital Partners LLC raised its stake in shares of BlackRock Science and Technology Trust by 87.6% in the fourth quarter. 1607 Capital Partners LLC now owns 382,122 shares of the company’s stock worth $13,970,000 after buying an additional 178,460 shares during the period. Finally, Keystone Financial Group bought a new position in shares of BlackRock Science and Technology Trust in the fourth quarter worth about $246,000.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.