BlackRock Income Trust, Inc. (NYSE:BKT) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lowered its stake in BlackRock Income Trust, Inc. (NYSE:BKT) by 5.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,996 shares of the company’s stock after selling 1,112 shares during the quarter. Steward Partners Investment Advisory LLC owned about 0.09% of BlackRock Income Trust worth $219,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of BKT. Thrivent Financial for Lutherans grew its stake in shares of BlackRock Income Trust by 34.3% in the third quarter. Thrivent Financial for Lutherans now owns 66,493 shares of the company’s stock valued at $826,000 after buying an additional 17,000 shares in the last quarter. BDF Gestion acquired a new stake in shares of BlackRock Income Trust in the fourth quarter valued at about $67,000. Concurrent Investment Advisors LLC grew its stake in shares of BlackRock Income Trust by 19.3% in the fourth quarter. Concurrent Investment Advisors LLC now owns 13,641 shares of the company’s stock valued at $157,000 after buying an additional 2,206 shares in the last quarter. Finally, Fortitude Advisory Group L.L.C. grew its stake in shares of BlackRock Income Trust by 7.1% in the fourth quarter. Fortitude Advisory Group L.L.C. now owns 24,457 shares of the company’s stock valued at $282,000 after buying an additional 1,617 shares in the last quarter. Institutional investors and hedge funds own 39.43% of the company’s stock.

BlackRock Income Trust Trading Down 0.7 %

BKT stock opened at $11.69 on Friday. BlackRock Income Trust, Inc. has a 1 year low of $11.06 and a 1 year high of $12.67. The stock has a 50-day simple moving average of $11.66 and a 200-day simple moving average of $11.93.

BlackRock Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.0882 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 9.05%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Income Trust Company Profile

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.