HighTower Advisors LLC Raises Stock Position in BlackRock Science and Technology Trust (NYSE:BST)

HighTower Advisors LLC raised its holdings in BlackRock Science and Technology Trust (NYSE:BST) by 3.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 31,058 shares of the company’s stock after purchasing an additional 1,031 shares during the quarter. HighTower Advisors LLC’s holdings in BlackRock Science and Technology Trust were worth $1,098,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in BST. Focus Financial Network Inc. increased its holdings in shares of BlackRock Science and Technology Trust by 3.0% during the 3rd quarter. Focus Financial Network Inc. now owns 12,688 shares of the company’s stock valued at $450,000 after purchasing an additional 365 shares in the last quarter. International Assets Investment Management LLC grew its position in BlackRock Science and Technology Trust by 2.8% during the second quarter. International Assets Investment Management LLC now owns 16,077 shares of the company’s stock valued at $605,000 after buying an additional 440 shares during the period. Stolper Co increased its holdings in BlackRock Science and Technology Trust by 3.0% in the third quarter. Stolper Co now owns 17,563 shares of the company’s stock valued at $622,000 after buying an additional 513 shares in the last quarter. Kingsview Wealth Management LLC raised its position in shares of BlackRock Science and Technology Trust by 3.3% in the third quarter. Kingsview Wealth Management LLC now owns 25,039 shares of the company’s stock worth $887,000 after acquiring an additional 795 shares during the period. Finally, D.A. Davidson & CO. raised its position in shares of BlackRock Science and Technology Trust by 10.8% in the third quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock worth $296,000 after acquiring an additional 814 shares during the period.

BlackRock Science and Technology Trust Stock Performance

NYSE:BST opened at $37.22 on Wednesday. BlackRock Science and Technology Trust has a 52 week low of $31.38 and a 52 week high of $39.01. The stock’s 50-day moving average price is $36.81 and its 200-day moving average price is $36.14.

BlackRock Science and Technology Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 16th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, December 16th. This represents a $3.00 dividend on an annualized basis and a yield of 8.06%.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.