Truist Financial Corp trimmed its stake in BlackRock Science and Technology Trust (NYSE:BST – Free Report) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,334 shares of the company’s stock after selling 294 shares during the period. Truist Financial Corp’s holdings in BlackRock Science and Technology Trust were worth $1,182,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC increased its position in shares of BlackRock Science and Technology Trust by 3.4% in the third quarter. HighTower Advisors LLC now owns 31,058 shares of the company’s stock worth $1,098,000 after purchasing an additional 1,031 shares during the last quarter. Arkadios Wealth Advisors bought a new position in shares of BlackRock Science and Technology Trust in the fourth quarter worth approximately $244,000. Shaker Financial Services LLC grew its position in BlackRock Science and Technology Trust by 77.8% during the third quarter. Shaker Financial Services LLC now owns 46,823 shares of the company’s stock valued at $1,659,000 after acquiring an additional 20,491 shares during the last quarter. D.A. Davidson & CO. grew its position in BlackRock Science and Technology Trust by 10.8% during the third quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock valued at $296,000 after acquiring an additional 814 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its position in BlackRock Science and Technology Trust by 3.3% during the third quarter. Kingsview Wealth Management LLC now owns 25,039 shares of the company’s stock valued at $887,000 after acquiring an additional 795 shares during the last quarter.
Insider Buying and Selling at BlackRock Science and Technology Trust
In related news, Portfolio Manager Tony Kim acquired 10,264 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was purchased at an average price of $38.78 per share, with a total value of $398,037.92. Following the completion of the purchase, the portfolio manager now owns 41,514 shares in the company, valued at $1,609,912.92. This trade represents a 32.84 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
BlackRock Science and Technology Trust Trading Up 1.2 %
BlackRock Science and Technology Trust Dividend Announcement
The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.25 per share. This represents a $3.00 dividend on an annualized basis and a yield of 8.22%. The ex-dividend date was Friday, February 14th.
BlackRock Science and Technology Trust Company Profile
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.
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