Penserra Capital Management LLC Acquires New Stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Penserra Capital Management LLC acquired a new stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 754,457 shares of the company’s stock, valued at approximately $14,485,000.

A number of other institutional investors and hedge funds have also bought and sold shares of BSTZ. Wolverine Asset Management LLC acquired a new stake in BlackRock Science and Technology Term Trust in the second quarter valued at $32,000. Bessemer Group Inc. increased its holdings in BlackRock Science and Technology Term Trust by 71.3% in the first quarter. Bessemer Group Inc. now owns 2,223 shares of the company’s stock valued at $43,000 after purchasing an additional 925 shares during the period. US Bancorp DE increased its holdings in BlackRock Science and Technology Term Trust by 51.4% in the third quarter. US Bancorp DE now owns 2,650 shares of the company’s stock valued at $51,000 after purchasing an additional 900 shares during the period. UMB Bank n.a. acquired a new stake in BlackRock Science and Technology Term Trust in the third quarter valued at $55,000. Finally, Quarry LP acquired a new stake in BlackRock Science and Technology Term Trust during the 2nd quarter worth about $86,000.

BlackRock Science and Technology Term Trust Trading Up 2.2 %

Shares of BlackRock Science and Technology Term Trust stock opened at $21.42 on Friday. The business has a 50-day moving average price of $19.84 and a two-hundred day moving average price of $19.43. BlackRock Science and Technology Term Trust has a 1-year low of $16.21 and a 1-year high of $21.51.

BlackRock Science and Technology Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.2155 per share. The ex-dividend date is Friday, November 15th. This represents a $2.59 dividend on an annualized basis and a yield of 12.07%.

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.