Wealth Enhancement Advisory Services LLC Acquires 28,671 Shares of BlackRock Science and Technology Term Trust $BSTZ

Wealth Enhancement Advisory Services LLC increased its holdings in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 18.9% during the third quarter, HoldingsChannel reports. The firm owned 180,441 shares of the company’s stock after buying an additional 28,671 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in BlackRock Science and Technology Term Trust were worth $4,116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of BSTZ. Flagship Harbor Advisors LLC lifted its stake in BlackRock Science and Technology Term Trust by 220.2% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 336,660 shares of the company’s stock valued at $6,986,000 after acquiring an additional 231,523 shares during the period. Bank of America Corp DE raised its holdings in shares of BlackRock Science and Technology Term Trust by 12.9% during the second quarter. Bank of America Corp DE now owns 821,917 shares of the company’s stock valued at $17,055,000 after purchasing an additional 94,124 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in BlackRock Science and Technology Term Trust in the second quarter worth approximately $1,657,000. Invesco Ltd. boosted its holdings in BlackRock Science and Technology Term Trust by 4.2% in the second quarter. Invesco Ltd. now owns 990,482 shares of the company’s stock worth $20,553,000 after purchasing an additional 39,881 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC boosted its holdings in BlackRock Science and Technology Term Trust by 53.8% in the second quarter. Prevail Innovative Wealth Advisors LLC now owns 87,676 shares of the company’s stock worth $1,819,000 after purchasing an additional 30,665 shares during the last quarter.

Insider Transactions at BlackRock Science and Technology Term Trust

In other BlackRock Science and Technology Term Trust news, Director Robert W. Fairbairn sold 9,293 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $22.51, for a total transaction of $209,185.43. Following the completion of the sale, the director directly owned 1 shares in the company, valued at $22.51. The trade was a 99.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

BlackRock Science and Technology Term Trust Trading Down 0.4%

Shares of BSTZ opened at $22.54 on Tuesday. The firm has a fifty day simple moving average of $22.49 and a two-hundred day simple moving average of $22.08. BlackRock Science and Technology Term Trust has a 1-year low of $15.22 and a 1-year high of $23.47.

BlackRock Science and Technology Term Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a $0.1625 dividend. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock Science and Technology Term Trust Profile

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.