Quantedge Capital Pte Ltd Increases Stake in BlackRock Science and Technology Term Trust $BSTZ

Quantedge Capital Pte Ltd increased its stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 113.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,600 shares of the company’s stock after purchasing an additional 21,600 shares during the period. Quantedge Capital Pte Ltd’s holdings in BlackRock Science and Technology Term Trust were worth $899,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of BSTZ. Blue Bell Private Wealth Management LLC lifted its stake in shares of BlackRock Science and Technology Term Trust by 15.6% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 147,913 shares of the company’s stock worth $3,344,000 after buying an additional 19,978 shares during the period. Wolverine Asset Management LLC increased its position in shares of BlackRock Science and Technology Term Trust by 189.1% in the 4th quarter. Wolverine Asset Management LLC now owns 113,146 shares of the company’s stock valued at $2,558,000 after acquiring an additional 74,005 shares during the period. HighTower Advisors LLC increased its position in shares of BlackRock Science and Technology Term Trust by 23.6% in the 4th quarter. HighTower Advisors LLC now owns 95,298 shares of the company’s stock valued at $2,155,000 after acquiring an additional 18,219 shares during the period. Indivisible Partners purchased a new position in BlackRock Science and Technology Term Trust in the 4th quarter worth $461,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in BlackRock Science and Technology Term Trust by 13.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 204,880 shares of the company’s stock worth $4,698,000 after acquiring an additional 24,439 shares during the last quarter.

BlackRock Science and Technology Term Trust Stock Up 3.7%

Shares of BSTZ opened at $28.71 on Wednesday. The stock has a 50-day moving average of $29.41 and a two-hundred day moving average of $25.43. BlackRock Science and Technology Term Trust has a one year low of $20.49 and a one year high of $31.88.

BlackRock Science and Technology Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.1625 dividend. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date is Tuesday, September 15th.

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.