Arkadios Wealth Advisors Has $544,000 Holdings in BlackRock Income Trust, Inc. (NYSE:BKT)

Arkadios Wealth Advisors raised its stake in BlackRock Income Trust, Inc. (NYSE:BKT) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 43,779 shares of the company’s stock after buying an additional 1,780 shares during the quarter. Arkadios Wealth Advisors owned 0.21% of BlackRock Income Trust worth $544,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in BKT. DT Investment Partners LLC bought a new stake in shares of BlackRock Income Trust in the 2nd quarter valued at about $103,000. Canal Capital Management LLC bought a new stake in BlackRock Income Trust in the second quarter valued at approximately $231,000. Choreo LLC acquired a new stake in BlackRock Income Trust in the second quarter worth $233,000. WMG Financial Advisors LLC boosted its position in shares of BlackRock Income Trust by 66.5% during the second quarter. WMG Financial Advisors LLC now owns 24,495 shares of the company’s stock worth $292,000 after purchasing an additional 9,779 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of BlackRock Income Trust during the third quarter worth $13,380,000. Institutional investors and hedge funds own 39.43% of the company’s stock.

BlackRock Income Trust Stock Performance

BKT opened at $11.85 on Wednesday. BlackRock Income Trust, Inc. has a 12 month low of $10.55 and a 12 month high of $12.67. The company has a fifty day simple moving average of $12.36 and a 200 day simple moving average of $11.99.

BlackRock Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be issued a $0.0882 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $1.06 annualized dividend and a dividend yield of 8.93%.

BlackRock Income Trust Company Profile

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.