Creative Planning Sells 1,922 Shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

Creative Planning trimmed its stake in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 11.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,576 shares of the company’s stock after selling 1,922 shares during the quarter. Creative Planning’s holdings in BlackRock Innovation and Growth Term Trust were worth $110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. J.W. Cole Advisors Inc. bought a new position in BlackRock Innovation and Growth Term Trust during the 2nd quarter worth approximately $75,000. Tempus Wealth Planning LLC bought a new stake in BlackRock Innovation and Growth Term Trust during the second quarter valued at $76,000. Dakota Wealth Management grew its holdings in BlackRock Innovation and Growth Term Trust by 9.4% during the 2nd quarter. Dakota Wealth Management now owns 21,217 shares of the company’s stock worth $153,000 after acquiring an additional 1,824 shares during the period. Prudent Investors Network Inc. bought a new position in shares of BlackRock Innovation and Growth Term Trust in the 1st quarter worth about $174,000. Finally, PFG Investments LLC lifted its stake in shares of BlackRock Innovation and Growth Term Trust by 75.1% in the 2nd quarter. PFG Investments LLC now owns 23,538 shares of the company’s stock valued at $170,000 after purchasing an additional 10,099 shares during the period.

Insider Activity at BlackRock Innovation and Growth Term Trust

In other news, major shareholder Saba Capital Management, L.P. bought 22,616 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of $7.83 per share, with a total value of $177,083.28. Following the transaction, the insider now directly owns 57,417,734 shares of the company’s stock, valued at approximately $449,580,857.22. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have purchased 1,491,783 shares of company stock worth $11,232,515 in the last quarter.

BlackRock Innovation and Growth Term Trust Trading Down 1.1 %

Shares of BIGZ stock opened at $7.75 on Wednesday. BlackRock Innovation and Growth Term Trust has a fifty-two week low of $6.66 and a fifty-two week high of $8.25. The stock has a 50 day simple moving average of $7.53 and a two-hundred day simple moving average of $7.39.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.0863 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.04 annualized dividend and a dividend yield of 13.37%.

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.