BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Shares Sold by Claro Advisors LLC

Claro Advisors LLC lessened its stake in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 13.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,608 shares of the company’s stock after selling 2,774 shares during the quarter. Claro Advisors LLC’s holdings in BlackRock Innovation and Growth Term Trust were worth $143,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in BIGZ. Karpus Management Inc. boosted its holdings in BlackRock Innovation and Growth Term Trust by 54.3% during the fourth quarter. Karpus Management Inc. now owns 1,203,858 shares of the company’s stock worth $8,824,000 after buying an additional 423,468 shares in the last quarter. Wolverine Asset Management LLC boosted its holdings in BlackRock Innovation and Growth Term Trust by 8,592.9% during the fourth quarter. Wolverine Asset Management LLC now owns 337,545 shares of the company’s stock worth $2,474,000 after buying an additional 333,662 shares in the last quarter. LM Advisors LLC bought a new stake in BlackRock Innovation and Growth Term Trust during the fourth quarter worth approximately $1,133,000. Shaker Financial Services LLC bought a new stake in BlackRock Innovation and Growth Term Trust during the fourth quarter worth approximately $1,087,000. Finally, Alpine Global Management LLC boosted its holdings in BlackRock Innovation and Growth Term Trust by 139.2% during the third quarter. Alpine Global Management LLC now owns 145,098 shares of the company’s stock worth $1,010,000 after buying an additional 84,448 shares in the last quarter.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. acquired 252,855 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The stock was purchased at an average price of $7.25 per share, with a total value of $1,833,198.75. Following the purchase, the insider now owns 52,356,149 shares of the company’s stock, valued at approximately $379,582,080.25. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

BlackRock Innovation and Growth Term Trust Stock Up 0.1 %

BlackRock Innovation and Growth Term Trust stock opened at $7.32 on Wednesday. The company has a 50 day moving average price of $7.33 and a 200 day moving average price of $7.56. BlackRock Innovation and Growth Term Trust has a 52 week low of $6.21 and a 52 week high of $8.35.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, July 15th will be paid a $0.0885 dividend. The ex-dividend date is Monday, July 15th.

BlackRock Innovation and Growth Term Trust Profile

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.