Posted by Defense World Staff on Jun 10th, 2024 
Oppenheimer & Co. Inc. lifted its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ – Free Report) by 50.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 101,117 shares of the company’s stock after purchasing an additional 33,928 shares during the period. Oppenheimer & Co. Inc.’s holdings in BlackRock Science and Technology Term Trust were worth $1,690,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of BSTZ. Sugarloaf Wealth Management LLC bought a new position in BlackRock Science and Technology Term Trust in the fourth quarter worth approximately $28,000. VisionPoint Advisory Group LLC bought a new position in BlackRock Science and Technology Term Trust in the fourth quarter worth approximately $32,000. Kestra Advisory Services LLC bought a new position in BlackRock Science and Technology Term Trust in the third quarter worth approximately $167,000. Kayne Anderson Capital Advisors LP bought a new position in BlackRock Science and Technology Term Trust in the fourth quarter worth approximately $174,000. Finally, Sunbelt Securities Inc. raised its stake in BlackRock Science and Technology Term Trust by 303.6% in the third quarter. Sunbelt Securities Inc. now owns 12,109 shares of the company’s stock worth $200,000 after buying an additional 9,109 shares in the last quarter.
Shares of NASDAQ:BSTZ opened at $19.38 on Monday. BlackRock Science and Technology Term Trust has a 52 week low of $14.11 and a 52 week high of $19.92. The firm has a 50 day moving average of $18.51 and a 200 day moving average of $17.95.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a $0.2113 dividend. This is an increase from BlackRock Science and Technology Term Trust’s previous monthly dividend of $0.11. The ex-dividend date of this dividend is Friday, June 14th. This represents a $2.54 dividend on an annualized basis and a yield of 13.08%.
(Free Report)
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.
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