10,372 Shares in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. acquired a new stake in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 10,372 shares of the company’s stock, valued at approximately $75,000.

Several other hedge funds have also made changes to their positions in BIGZ. D.A. Davidson & CO. purchased a new position in shares of BlackRock Innovation and Growth Term Trust in the 4th quarter valued at approximately $110,000. Steward Partners Investment Advisory LLC boosted its stake in BlackRock Innovation and Growth Term Trust by 5.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 65,521 shares of the company’s stock worth $480,000 after buying an additional 3,105 shares during the last quarter. Karpus Management Inc. increased its position 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 purchasing an additional 423,468 shares during the last quarter. LM Advisors LLC purchased a new stake in shares of BlackRock Innovation and Growth Term Trust during the 4th quarter valued at approximately $1,133,000. Finally, Virtu Financial LLC raised its position in BlackRock Innovation and Growth Term Trust by 84.6% in the fourth quarter. Virtu Financial LLC now owns 39,245 shares of the company’s stock valued at $288,000 after purchasing an additional 17,987 shares during the period.

BlackRock Innovation and Growth Term Trust Trading Up 2.3 %

BlackRock Innovation and Growth Term Trust stock opened at $7.60 on Friday. BlackRock Innovation and Growth Term Trust has a fifty-two week low of $6.21 and a fifty-two week high of $8.25. The firm has a 50 day moving average price of $7.28 and a 200 day moving average price of $7.43.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a $0.0864 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 13.65%.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. acquired 42,236 shares of the firm’s stock in a transaction on Friday, July 5th. The stock was bought at an average price of $7.38 per share, for a total transaction of $311,701.68. Following the completion of the purchase, the insider now directly owns 52,553,522 shares of the company’s stock, valued at approximately $387,844,992.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders acquired 1,873,427 shares of company stock valued at $13,792,900 in the last ninety days.

BlackRock Innovation and Growth Term Trust Company 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.