Wolverine Asset Management LLC Grows Position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX

Wolverine Asset Management LLC lifted its holdings in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) by 46.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 773,052 shares of the company’s stock after purchasing an additional 245,016 shares during the quarter. Wolverine Asset Management LLC’s holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst were worth $5,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. WPG Advisers LLC grew its holdings in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 122.8% during the 4th quarter. WPG Advisers LLC now owns 4,546 shares of the company’s stock worth $30,000 after purchasing an additional 2,506 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth $43,000. Comerica Bank purchased a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth $47,000. CWM LLC purchased a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth $64,000. Finally, Sowell Financial Services LLC purchased a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth $67,000. 26.00% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Trading Up 0.1%

NYSE BTX opened at $8.06 on Monday. The stock has a fifty day simple moving average of $6.87 and a 200-day simple moving average of $6.76. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a twelve month low of $6.13 and a twelve month high of $8.14. The stock has a market cap of $473.84 million, a PE ratio of -3.55 and a beta of 4.61.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.0525 per share. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Monday, June 15th. BlackRock Tchnlgy nd Prvt Eqty Trm Trst’s dividend payout ratio (DPR) is -27.75%.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.