Wedbush Securities Inc. Makes New $6.10 Million Investment in BlackRock Science and Technology Trust $BST

Wedbush Securities Inc. acquired a new stake in BlackRock Science and Technology Trust (NYSE:BST) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 122,104 shares of the company’s stock, valued at approximately $6,102,000.

Other institutional investors have also recently added to or reduced their stakes in the company. 1607 Capital Partners LLC grew its position in BlackRock Science and Technology Trust by 25.0% during the second quarter. 1607 Capital Partners LLC now owns 468,610 shares of the company’s stock worth $23,763,000 after buying an additional 93,790 shares during the period. Bank of America Corp DE lifted its position in shares of BlackRock Science and Technology Trust by 23.3% during the 1st quarter. Bank of America Corp DE now owns 280,055 shares of the company’s stock valued at $10,180,000 after acquiring an additional 52,846 shares during the period. PMG Family Office LLC lifted its position in shares of BlackRock Science and Technology Trust by 0.5% during the 3rd quarter. PMG Family Office LLC now owns 64,894 shares of the company’s stock valued at $3,243,000 after acquiring an additional 306 shares during the period. First Trust Advisors LP lifted its position in shares of BlackRock Science and Technology Trust by 5.6% during the 1st quarter. First Trust Advisors LP now owns 84,108 shares of the company’s stock valued at $3,057,000 after acquiring an additional 4,478 shares during the period. Finally, Wealthspire Retirement LLC boosted its stake in shares of BlackRock Science and Technology Trust by 6.8% during the 1st quarter. Wealthspire Retirement LLC now owns 65,030 shares of the company’s stock worth $2,364,000 after acquiring an additional 4,156 shares in the last quarter.

BlackRock Science and Technology Trust Stock Down 0.8%

BST traded down $0.36 during trading on Friday, reaching $46.51. 56,272 shares of the stock were exchanged, compared to its average volume of 99,728. BlackRock Science and Technology Trust has a 1 year low of $34.87 and a 1 year high of $52.32. The business’s 50 day moving average price is $49.50 and its two-hundred day moving average price is $47.15.

BlackRock Science and Technology Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be given a $0.25 dividend. This represents a $3.00 annualized dividend and a dividend yield of 6.5%. The ex-dividend date is Friday, December 11th.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust is a non-diversified, closed-end investment fund listed on the New York Stock Exchange under the symbol BST. The fund is advised by BlackRock Advisors, LLC, an affiliate of BlackRock, Inc, and is designed to provide investors with exposure to companies operating in the science and technology sectors.

BST seeks to generate total returns through a combination of current income, current gains and long-term capital appreciation. It generally invests in equity securities issued by science and technology companies, including businesses involved in areas such as software, semiconductors, hardware, communications, biotechnology and other technology-related industries.