Stifel Financial Corp Lowers Stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Stifel Financial Corp cut its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 2.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 105,412 shares of the company’s stock after selling 2,173 shares during the period. Stifel Financial Corp’s holdings in BlackRock Science and Technology Term Trust were worth $2,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of BSTZ. Raymond James & Associates increased its stake in BlackRock Science and Technology Term Trust by 3.1% in the 2nd quarter. Raymond James & Associates now owns 939,506 shares of the company’s stock worth $18,706,000 after buying an additional 28,494 shares in the last quarter. Penserra Capital Management LLC bought a new position in shares of BlackRock Science and Technology Term Trust during the third quarter worth $14,485,000. Wedbush Securities Inc. grew its stake in BlackRock Science and Technology Term Trust by 13.3% during the second quarter. Wedbush Securities Inc. now owns 683,666 shares of the company’s stock valued at $13,612,000 after acquiring an additional 80,260 shares in the last quarter. International Assets Investment Management LLC increased its holdings in BlackRock Science and Technology Term Trust by 1,545.9% in the 3rd quarter. International Assets Investment Management LLC now owns 210,917 shares of the company’s stock valued at $40,500,000 after acquiring an additional 198,102 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its holdings in BlackRock Science and Technology Term Trust by 23.2% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 158,947 shares of the company’s stock valued at $3,165,000 after acquiring an additional 29,880 shares during the last quarter.

BlackRock Science and Technology Term Trust Price Performance

Shares of BlackRock Science and Technology Term Trust stock opened at $20.38 on Friday. The stock has a 50 day moving average of $20.77 and a 200 day moving average of $19.77. BlackRock Science and Technology Term Trust has a 12 month low of $16.21 and a 12 month high of $22.08.

BlackRock Science and Technology Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 16th will be paid a dividend of $0.218 per share. This represents a $2.62 dividend on an annualized basis and a yield of 12.84%. The ex-dividend date is Monday, December 16th.

BlackRock Science and Technology Term Trust Company Profile

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.