BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Shares Acquired by Captrust Financial Advisors

Captrust Financial Advisors increased its stake in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 4.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,800 shares of the company’s stock after acquiring an additional 1,500 shares during the period. Captrust Financial Advisors’ holdings in BlackRock Innovation and Growth Term Trust were worth $248,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Dakota Wealth Management lifted its position in shares of BlackRock Innovation and Growth Term Trust by 9.4% in the second quarter. Dakota Wealth Management now owns 21,217 shares of the company’s stock valued at $153,000 after acquiring an additional 1,824 shares in the last quarter. PFG Investments LLC grew its stake in BlackRock Innovation and Growth Term Trust by 75.1% during the 2nd quarter. PFG Investments LLC now owns 23,538 shares of the company’s stock worth $170,000 after purchasing an additional 10,099 shares in the last quarter. J.W. Cole Advisors Inc. purchased a new stake in BlackRock Innovation and Growth Term Trust during the 2nd quarter worth about $75,000. Tempus Wealth Planning LLC purchased a new stake in BlackRock Innovation and Growth Term Trust during the 2nd quarter worth about $76,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of BlackRock Innovation and Growth Term Trust in the 3rd quarter valued at about $1,690,000.

BlackRock Innovation and Growth Term Trust Price Performance

BlackRock Innovation and Growth Term Trust stock opened at $7.88 on Monday. The stock has a 50-day simple moving average of $7.73 and a 200-day simple moving average of $7.47. BlackRock Innovation and Growth Term Trust has a fifty-two week low of $6.66 and a fifty-two week high of $8.25.

BlackRock Innovation and Growth Term Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 16th will be given a dividend of $0.0868 per share. This represents a $1.04 annualized dividend and a yield of 13.21%. The ex-dividend date is Monday, December 16th.

Insider Buying and Selling

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. purchased 118,879 shares of BlackRock Innovation and Growth Term Trust stock in a transaction on Monday, September 23rd. The shares were bought at an average price of $7.51 per share, with a total value of $892,781.29. Following the purchase, the insider now directly owns 55,686,304 shares in the company, valued at $418,204,143.04. This trade represents a 0.21 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have bought a total of 2,112,143 shares of company stock worth $16,263,713 in the last quarter.

BlackRock Innovation and Growth Term Trust 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.