Atria Wealth Solutions Inc. Purchases 5,825 Shares of BlackRock Multi-Sector Income Trust (NYSE:BIT)

Atria Wealth Solutions Inc. increased its position in BlackRock Multi-Sector Income Trust (NYSE:BIT) by 6.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 100,338 shares of the investment management company’s stock after acquiring an additional 5,825 shares during the period. Atria Wealth Solutions Inc.’s holdings in BlackRock Multi-Sector Income Trust were worth $1,465,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BIT. Cyndeo Wealth Partners LLC grew its position in BlackRock Multi-Sector Income Trust by 28.8% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 563,880 shares of the investment management company’s stock worth $8,233,000 after acquiring an additional 126,000 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in BlackRock Multi-Sector Income Trust in the fourth quarter worth $1,539,000. Landscape Capital Management L.L.C. boosted its holdings in BlackRock Multi-Sector Income Trust by 91.5% in the third quarter. Landscape Capital Management L.L.C. now owns 113,928 shares of the investment management company’s stock worth $1,732,000 after purchasing an additional 54,436 shares in the last quarter. Shaker Financial Services LLC acquired a new position in BlackRock Multi-Sector Income Trust during the third quarter worth $682,000. Finally, Wolverine Asset Management LLC raised its holdings in BlackRock Multi-Sector Income Trust by 76.2% during the third quarter. Wolverine Asset Management LLC now owns 95,566 shares of the investment management company’s stock valued at $1,453,000 after buying an additional 41,324 shares in the last quarter.

BlackRock Multi-Sector Income Trust Stock Down 0.4 %

Shares of NYSE:BIT opened at $14.62 on Monday. The business has a 50-day moving average of $14.62 and a two-hundred day moving average of $14.78. BlackRock Multi-Sector Income Trust has a fifty-two week low of $14.22 and a fifty-two week high of $15.98.

BlackRock Multi-Sector Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.1237 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.48 annualized dividend and a yield of 10.16%.

BlackRock Multi-Sector Income Trust Company Profile

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.