NewEdge Wealth LLC Grows Stock Holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

NewEdge Wealth LLC grew its stake in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 2.9% during the fourth quarter, Holdings Channel reports. The firm owned 104,993 shares of the company’s stock after purchasing an additional 3,000 shares during the period. NewEdge Wealth LLC’s holdings in BlackRock Science and Technology Term Trust were worth $2,174,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Penserra Capital Management LLC purchased a new stake in shares of BlackRock Science and Technology Term Trust during the third quarter worth approximately $14,485,000. Oppenheimer & Co. Inc. lifted its holdings in BlackRock Science and Technology Term Trust by 22.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 142,567 shares of the company’s stock valued at $2,737,000 after purchasing an additional 25,737 shares in the last quarter. Absolute Investment Advisers LLC acquired a new stake in BlackRock Science and Technology Term Trust during the fourth quarter worth approximately $454,000. Wolverine Asset Management LLC purchased a new stake in shares of BlackRock Science and Technology Term Trust in the fourth quarter valued at $385,000. Finally, Jane Street Group LLC purchased a new stake in BlackRock Science and Technology Term Trust in the 3rd quarter valued at about $245,000.

BlackRock Science and Technology Term Trust Trading Up 1.5 %

Shares of BlackRock Science and Technology Term Trust stock opened at $20.03 on Friday. BlackRock Science and Technology Term Trust has a twelve month low of $16.50 and a twelve month high of $22.28. The business’s fifty day moving average price is $21.33 and its 200 day moving average price is $20.45.

BlackRock Science and Technology Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.2218 per share. The ex-dividend date was Friday, February 14th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 13.29%.

About BlackRock Science and Technology Term Trust

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.