HighTower Advisors LLC Has $1.01 Million Position in BlackRock Health Sciences Trust (NYSE:BME)

HighTower Advisors LLC decreased its stake in BlackRock Health Sciences Trust (NYSE:BME) by 12.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,529 shares of the company’s stock after selling 3,750 shares during the period. HighTower Advisors LLC’s holdings in BlackRock Health Sciences Trust were worth $1,006,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in BME. Janney Montgomery Scott LLC raised its holdings in BlackRock Health Sciences Trust by 40.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 32,787 shares of the company’s stock worth $1,244,000 after purchasing an additional 9,455 shares during the last quarter. Hara Capital LLC acquired a new position in BlackRock Health Sciences Trust in the fourth quarter valued at $832,000. Wolverine Asset Management LLC boosted its position in BlackRock Health Sciences Trust by 29.1% during the fourth quarter. Wolverine Asset Management LLC now owns 110,493 shares of the company’s stock valued at $4,191,000 after acquiring an additional 24,928 shares during the last quarter. AlphaStar Capital Management LLC acquired a new stake in BlackRock Health Sciences Trust during the 4th quarter worth about $878,000. Finally, Raymond James Financial Inc. bought a new position in shares of BlackRock Health Sciences Trust in the 4th quarter worth about $3,250,000.

BlackRock Health Sciences Trust Stock Performance

Shares of BlackRock Health Sciences Trust stock opened at $38.67 on Thursday. The stock’s 50-day moving average is $39.90 and its 200 day moving average is $40.03. BlackRock Health Sciences Trust has a one year low of $36.87 and a one year high of $42.64.

BlackRock Health Sciences Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.2621 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $3.15 annualized dividend and a dividend yield of 8.13%.

About BlackRock Health Sciences Trust

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services.