14,771 Shares in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Bought by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC acquired a new stake in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 14,771 shares of the company’s stock, valued at approximately $110,000.

A number of other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in BlackRock Innovation and Growth Term Trust in the third quarter valued at approximately $1,690,000. Virtu Financial LLC purchased a new position in BlackRock Innovation and Growth Term Trust during the 3rd quarter valued at about $191,000. Garden State Investment Advisory Services LLC bought a new position in shares of BlackRock Innovation and Growth Term Trust during the third quarter valued at approximately $245,000. Captrust Financial Advisors boosted its holdings in BlackRock Innovation and Growth Term Trust by 4.8% in the third quarter. Captrust Financial Advisors now owns 32,800 shares of the company’s stock valued at $248,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Logan Stone Capital LLC bought a new stake in BlackRock Innovation and Growth Term Trust in the second quarter valued at $352,000.

Insiders Place Their Bets

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. purchased 185,716 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The stock was bought at an average cost of $8.07 per share, for a total transaction of $1,498,728.12. Following the purchase, the insider now directly owns 58,448,770 shares in the company, valued at $471,681,573.90. The trade was a 0.32 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders have bought 2,720,273 shares of company stock worth $21,120,340.

BlackRock Innovation and Growth Term Trust Stock Performance

Shares of NYSE BIGZ opened at $7.83 on Friday. The firm has a fifty day simple moving average of $7.74 and a two-hundred day simple moving average of $7.53. BlackRock Innovation and Growth Term Trust has a 12 month low of $6.66 and a 12 month high of $8.25.

BlackRock Innovation and Growth Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.0868 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.04 annualized dividend and a yield of 13.31%.

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.