NFP Retirement Inc. Decreases Stock Position in BlackRock Health Sciences Trust $BME

NFP Retirement Inc. trimmed its holdings in BlackRock Health Sciences Trust (NYSE:BME) by 21.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 44,510 shares of the company’s stock after selling 12,209 shares during the period. NFP Retirement Inc.’s holdings in BlackRock Health Sciences Trust were worth $1,623,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BME. Janney Montgomery Scott LLC raised its position in shares of BlackRock Health Sciences Trust by 9.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 38,475 shares of the company’s stock worth $1,403,000 after purchasing an additional 3,401 shares during the last quarter. Cetera Investment Advisers increased its position in BlackRock Health Sciences Trust by 4.6% during the first quarter. Cetera Investment Advisers now owns 12,414 shares of the company’s stock worth $480,000 after buying an additional 546 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in shares of BlackRock Health Sciences Trust in the second quarter worth $75,000. LPL Financial LLC raised its holdings in shares of BlackRock Health Sciences Trust by 4.0% in the first quarter. LPL Financial LLC now owns 54,624 shares of the company’s stock worth $2,111,000 after acquiring an additional 2,124 shares during the last quarter. Finally, Consolidated Portfolio Review Corp lifted its position in shares of BlackRock Health Sciences Trust by 34.7% in the second quarter. Consolidated Portfolio Review Corp now owns 38,879 shares of the company’s stock valued at $1,418,000 after acquiring an additional 10,012 shares in the last quarter.

BlackRock Health Sciences Trust Stock Performance

NYSE:BME opened at $39.95 on Thursday. BlackRock Health Sciences Trust has a 12-month low of $34.18 and a 12-month high of $41.20. The company’s 50-day moving average is $37.91 and its two-hundred day moving average is $36.80.

BlackRock Health Sciences Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be issued a dividend of $0.2621 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date is Friday, November 14th.

BlackRock Health Sciences Trust Company Profile

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services.