Commonwealth Equity Services LLC Sells 5,500 Shares of BlackRock Health Sciences Trust (NYSE:BME)

Commonwealth Equity Services LLC cut its position in BlackRock Health Sciences Trust (NYSE:BME) by 12.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,893 shares of the company’s stock after selling 5,500 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock Health Sciences Trust were worth $1,513,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

BlackRock Health Sciences Trust Price Performance

BME stock opened at $38.69 on Friday. The company’s fifty day moving average price is $39.87 and its 200-day moving average price is $39.99. 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 firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.2621 per share. This represents a $3.15 annualized dividend and a dividend yield of 8.13%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Health Sciences Trust Profile

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.