Commonwealth Equity Services LLC Buys 16,933 Shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Commonwealth Equity Services LLC grew its holdings in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 28.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 77,184 shares of the company’s stock after purchasing an additional 16,933 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock Science and Technology Term Trust were worth $1,598,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of BlackRock Science and Technology Term Trust in the fourth quarter worth $31,032,000. Absolute Investment Advisers LLC bought a new position in BlackRock Science and Technology Term Trust in the fourth quarter valued at about $454,000. Wolverine Asset Management LLC purchased a new position in BlackRock Science and Technology Term Trust in the fourth quarter worth about $385,000. Oppenheimer & Co. Inc. raised its position in BlackRock Science and Technology Term Trust by 11.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 158,946 shares of the company’s stock worth $3,292,000 after acquiring an additional 16,379 shares during the period. Finally, Jane Street Group LLC bought a new stake in BlackRock Science and Technology Term Trust during the third quarter valued at about $245,000.

Insider Buying and Selling

In other news, Portfolio Manager Tony Kim bought 27,000 shares of the stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of $18.57 per share, for a total transaction of $501,390.00. Following the transaction, the portfolio manager now owns 193,533 shares of the company’s stock, valued at $3,593,907.81. The trade was a 16.21 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

BlackRock Science and Technology Term Trust Stock Down 2.7 %

NASDAQ BSTZ opened at $18.05 on Friday. The stock’s 50-day moving average price is $20.30 and its 200-day moving average price is $20.42. BlackRock Science and Technology Term Trust has a 52 week low of $16.50 and a 52 week high of $22.28.

BlackRock Science and Technology Term Trust Announces Dividend

The firm 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 $0.2231 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 14.83%. The ex-dividend date is Friday, March 14th.

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.