Commonwealth Equity Services LLC Purchases 2,918 Shares of BlackRock Science and Technology Trust (NYSE:BST)

Commonwealth Equity Services LLC boosted its holdings in shares of BlackRock Science and Technology Trust (NYSE:BST) by 7.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,547 shares of the company’s stock after acquiring an additional 2,918 shares during the quarter. Commonwealth Equity Services LLC’s holdings in BlackRock Science and Technology Trust were worth $1,556,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its stake in shares of BlackRock Science and Technology Trust by 3.4% during the 3rd 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 acquired a new position in BlackRock Science and Technology Trust during the fourth quarter worth $244,000. PNC Financial Services Group Inc. raised its holdings in BlackRock Science and Technology Trust by 124.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,446 shares of the company’s stock valued at $455,000 after buying an additional 6,895 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of BlackRock Science and Technology Trust by 10.8% in the third quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock worth $296,000 after buying an additional 814 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in shares of BlackRock Science and Technology Trust by 83.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 17,137 shares of the company’s stock worth $625,000 after acquiring an additional 7,798 shares in the last quarter.

BlackRock Science and Technology Trust Price Performance

Shares of NYSE BST opened at $33.43 on Friday. The business’s 50-day simple moving average is $36.51 and its 200-day simple moving average is $36.47. BlackRock Science and Technology Trust has a 52 week low of $31.38 and a 52 week high of $39.59.

BlackRock Science and Technology Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, March 14th. This represents a $3.00 annualized dividend and a yield of 8.97%.

Insider Activity

In other BlackRock Science and Technology Trust news, Portfolio Manager Tony Kim purchased 10,264 shares of the stock in a transaction dated Thursday, February 20th. The shares were bought at an average cost of $38.78 per share, with a total value of $398,037.92. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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.