Capstone Investment Advisors LLC Increases Stock Position in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

Capstone Investment Advisors LLC grew its stake in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 7.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 258,502 shares of the company’s stock after purchasing an additional 17,643 shares during the quarter. Capstone Investment Advisors LLC’s holdings in BlackRock Innovation and Growth Term Trust were worth $1,923,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jane Street Group LLC grew its position in shares of BlackRock Innovation and Growth Term Trust by 421.8% during the third quarter. Jane Street Group LLC now owns 61,072 shares of the company’s stock worth $461,000 after acquiring an additional 49,367 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new stake in BlackRock Innovation and Growth Term Trust in the 4th quarter valued at about $110,000. Blue Bell Private Wealth Management LLC boosted its holdings in BlackRock Innovation and Growth Term Trust by 4.9% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 389,604 shares of the company’s stock worth $2,899,000 after buying an additional 18,328 shares in the last quarter. Quarry LP boosted its position in shares of BlackRock Innovation and Growth Term Trust by 51.3% in the 4th quarter. Quarry LP now owns 512,080 shares of the company’s stock valued at $3,810,000 after purchasing an additional 173,738 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of BlackRock Innovation and Growth Term Trust in the fourth quarter worth approximately $21,571,000.

BlackRock Innovation and Growth Term Trust Stock Up 0.5 %

NYSE:BIGZ opened at $6.43 on Monday. The stock’s 50-day moving average is $6.32 and its two-hundred day moving average is $7.29. BlackRock Innovation and Growth Term Trust has a fifty-two week low of $6.66 and a fifty-two week high of $8.31.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a $0.0862 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a dividend yield of 16.15%.

About BlackRock Innovation and Growth Term Trust

BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.