BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC lowered its holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 17.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,912 shares of the company’s stock after selling 3,130 shares during the period. Corient Private Wealth LLC’s holdings in BlackRock Science and Technology Term Trust were worth $309,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in BSTZ. Larson Financial Group LLC grew its holdings in BlackRock Science and Technology Term Trust by 109.3% in the 4th quarter. Larson Financial Group LLC now owns 1,800 shares of the company’s stock valued at $37,000 after buying an additional 940 shares during the period. Stablepoint Partners LLC purchased a new stake in BlackRock Science and Technology Term Trust in the fourth quarter valued at approximately $223,000. SeaCrest Wealth Management LLC acquired a new position in BlackRock Science and Technology Term Trust during the fourth quarter worth approximately $247,000. Jane Street Group LLC purchased a new position in BlackRock Science and Technology Term Trust during the third quarter worth approximately $245,000. Finally, Wolverine Asset Management LLC purchased a new position in BlackRock Science and Technology Term Trust during the fourth quarter worth approximately $385,000.

BlackRock Science and Technology Term Trust Price Performance

Shares of NASDAQ BSTZ opened at $18.05 on Monday. The firm has a fifty day moving average of $20.30 and a 200-day moving average of $20.43. 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 company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.2231 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.68 annualized dividend and a yield of 14.83%.

Insiders Place Their Bets

In other BlackRock Science and Technology Term Trust news, Portfolio Manager Tony Kim acquired 27,000 shares of the company’s stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of $18.57 per share, with a total value of $501,390.00. Following the completion of the transaction, the portfolio manager now directly owns 193,533 shares of the company’s stock, valued at approximately $3,593,907.81. The trade was a 16.21 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

BlackRock Science and Technology Term Trust 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.