Ignite Planners LLC Has $160,000 Stake in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

Ignite Planners LLC trimmed its position in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 17.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,137 shares of the company’s stock after selling 4,461 shares during the quarter. Ignite Planners LLC’s holdings in BlackRock Innovation and Growth Term Trust were worth $160,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of BIGZ. Thompson Investment Management Inc. acquired a new position in shares of BlackRock Innovation and Growth Term Trust during the first quarter worth approximately $33,000. Register Financial Advisors LLC acquired a new position in shares of BlackRock Innovation and Growth Term Trust during the first quarter worth approximately $53,000. J.W. Cole Advisors Inc. acquired a new position in shares of BlackRock Innovation and Growth Term Trust during the second quarter worth approximately $75,000. Tempus Wealth Planning LLC purchased a new stake in BlackRock Innovation and Growth Term Trust in the 2nd quarter valued at $76,000. Finally, Skyline Advisors Inc. purchased a new stake in BlackRock Innovation and Growth Term Trust in the 4th quarter valued at $98,000.

Insider Activity

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. acquired 23,267 shares of the business’s stock in a transaction on Friday, September 27th. The shares were acquired at an average price of $7.61 per share, with a total value of $177,061.87. Following the completion of the transaction, the insider now owns 55,775,218 shares in the company, valued at approximately $424,449,408.98. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders acquired a total of 1,550,804 shares of company stock valued at $11,476,598 over the last three months.

BlackRock Innovation and Growth Term Trust Price Performance

NYSE BIGZ opened at $7.59 on Wednesday. BlackRock Innovation and Growth Term Trust has a 12 month low of $6.21 and a 12 month high of $8.25. The business has a fifty day simple moving average of $7.35 and a 200 day simple moving average of $7.39.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a $0.0864 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 13.67%.

BlackRock Innovation and Growth Term Trust Company Profile

BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.