BlackRock Science and Technology Term Trust $BSTZ Holdings Cut by WNY Asset Management LLC

WNY Asset Management LLC decreased its stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 11.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,906 shares of the company’s stock after selling 4,459 shares during the quarter. WNY Asset Management LLC’s holdings in BlackRock Science and Technology Term Trust were worth $704,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Focus Financial Network Inc. lifted its position in BlackRock Science and Technology Term Trust by 19.5% in the 2nd quarter. Focus Financial Network Inc. now owns 18,884 shares of the company’s stock worth $392,000 after buying an additional 3,085 shares in the last quarter. Cetera Investment Advisers lifted its position in BlackRock Science and Technology Term Trust by 193.3% in the 1st quarter. Cetera Investment Advisers now owns 45,758 shares of the company’s stock worth $812,000 after buying an additional 30,156 shares in the last quarter. HighTower Advisors LLC lifted its position in BlackRock Science and Technology Term Trust by 21.5% in the 1st quarter. HighTower Advisors LLC now owns 70,712 shares of the company’s stock worth $1,254,000 after buying an additional 12,508 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in BlackRock Science and Technology Term Trust by 6.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 49,271 shares of the company’s stock worth $1,022,000 after buying an additional 3,135 shares in the last quarter. Finally, Truist Financial Corp lifted its position in BlackRock Science and Technology Term Trust by 5.2% in the 2nd quarter. Truist Financial Corp now owns 68,823 shares of the company’s stock worth $1,428,000 after buying an additional 3,429 shares in the last quarter.

BlackRock Science and Technology Term Trust Trading Up 1.0%

BSTZ stock opened at $22.11 on Wednesday. BlackRock Science and Technology Term Trust has a 12-month low of $15.22 and a 12-month high of $23.12. The company has a 50 day moving average of $22.03 and a two-hundred day moving average of $20.49.

BlackRock Science and Technology Term Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be issued a dividend of $0.1625 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.