International Assets Investment Management LLC Acquires 198,102 Shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

International Assets Investment Management LLC raised its holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 1,545.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 210,917 shares of the company’s stock after buying an additional 198,102 shares during the period. International Assets Investment Management LLC’s holdings in BlackRock Science and Technology Term Trust were worth $40,500,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Wolverine Asset Management LLC acquired a new stake in BlackRock Science and Technology Term Trust during the 2nd quarter valued at $32,000. Bessemer Group Inc. boosted its holdings in shares of BlackRock Science and Technology Term Trust by 71.3% during the 1st quarter. Bessemer Group Inc. now owns 2,223 shares of the company’s stock worth $43,000 after buying an additional 925 shares during the period. UMB Bank n.a. acquired a new position in BlackRock Science and Technology Term Trust in the 3rd quarter valued at about $55,000. Quarry LP bought a new position in BlackRock Science and Technology Term Trust in the 2nd quarter valued at about $86,000. Finally, Mather Group LLC. acquired a new stake in BlackRock Science and Technology Term Trust during the third quarter worth approximately $230,000.

BlackRock Science and Technology Term Trust Stock Up 1.5 %

BlackRock Science and Technology Term Trust stock opened at $19.96 on Monday. BlackRock Science and Technology Term Trust has a 12 month low of $14.11 and a 12 month high of $20.95. The stock’s 50 day moving average is $19.14 and its 200-day moving average is $19.01.

BlackRock Science and Technology Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be given a dividend of $0.214 per share. This represents a $2.57 annualized dividend and a yield of 12.87%. The ex-dividend date is Tuesday, October 15th.

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.