Polar Asset Management Partners Inc. Sells 14,179 Shares of BlackRock Science and Technology Trust $BST

Polar Asset Management Partners Inc. lowered its holdings in BlackRock Science and Technology Trust (NYSE:BST) by 49.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,517 shares of the company’s stock after selling 14,179 shares during the period. Polar Asset Management Partners Inc.’s holdings in BlackRock Science and Technology Trust were worth $479,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Elequin Capital LP bought a new stake in shares of BlackRock Science and Technology Trust in the fourth quarter valued at approximately $45,000. ORG Partners LLC bought a new stake in shares of BlackRock Science and Technology Trust in the first quarter valued at approximately $47,000. Wealth Preservation Advisors LLC bought a new stake in shares of BlackRock Science and Technology Trust in the first quarter valued at approximately $53,000. Capital Investment Advisory Services LLC bought a new stake in shares of BlackRock Science and Technology Trust in the first quarter valued at approximately $201,000. Finally, MGB Wealth Management LLC bought a new stake in shares of BlackRock Science and Technology Trust in the first quarter valued at approximately $202,000.

BlackRock Science and Technology Trust Price Performance

NYSE BST opened at $39.62 on Friday. The company’s 50 day moving average is $38.97 and its 200-day moving average is $36.28. BlackRock Science and Technology Trust has a 12-month low of $27.87 and a 12-month high of $40.21.

BlackRock Science and Technology Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $0.25 per share. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend is Monday, September 15th.

BlackRock Science and Technology Trust Company Profile

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.