BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Holdings Lowered by LM Advisors LLC

LM Advisors LLC decreased its stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 22.8% in the fourth quarter, HoldingsChannel reports. The firm owned 71,174 shares of the company’s stock after selling 21,019 shares during the period. LM Advisors LLC’s holdings in BlackRock Science and Technology Term Trust were worth $1,474,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Commonwealth Equity Services LLC boosted its stake in BlackRock Science and Technology Term Trust by 28.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 77,184 shares of the company’s stock worth $1,598,000 after purchasing an additional 16,933 shares during the period. Larson Financial Group LLC lifted its holdings in shares of BlackRock Science and Technology Term Trust by 109.3% in the fourth quarter. Larson Financial Group LLC now owns 1,800 shares of the company’s stock valued at $37,000 after purchasing an additional 940 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of BlackRock Science and Technology Term Trust in the fourth quarter worth $31,032,000. Steward Partners Investment Advisory LLC grew its holdings in shares of BlackRock Science and Technology Term Trust by 4.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 78,497 shares of the company’s stock valued at $1,626,000 after buying an additional 3,639 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its position in BlackRock Science and Technology Term Trust by 11.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 158,946 shares of the company’s stock valued at $3,292,000 after buying an additional 16,379 shares during the period.

Insider Activity at BlackRock Science and Technology Term Trust

In other news, Portfolio Manager Tony Kim acquired 27,000 shares of BlackRock Science and Technology Term Trust stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average price of $18.57 per share, with a total value of $501,390.00. Following the completion of the transaction, the portfolio manager now owns 193,533 shares in the company, valued at approximately $3,593,907.81. This trade represents a 16.21 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

BlackRock Science and Technology Term Trust Stock Performance

Shares of NASDAQ BSTZ opened at $18.85 on Thursday. BlackRock Science and Technology Term Trust has a one year low of $16.50 and a one year high of $22.28. The business has a 50-day moving average price of $20.44 and a two-hundred day moving average price of $20.42.

BlackRock Science and Technology Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.2231 per share. This represents a $2.68 annualized dividend and a dividend yield of 14.20%. The ex-dividend date is Friday, March 14th.

BlackRock Science and Technology Term Trust 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.