Guggenheim Capital LLC Has $1.25 Million Position in BlackRock Multi-Sector Income Trust (NYSE:BIT)

Guggenheim Capital LLC lifted its position in shares of BlackRock Multi-Sector Income Trust (NYSE:BIT) by 249.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,720 shares of the investment management company’s stock after acquiring an additional 61,169 shares during the period. Guggenheim Capital LLC’s holdings in BlackRock Multi-Sector Income Trust were worth $1,252,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in BIT. Raymond James Financial Inc. bought a new stake in BlackRock Multi-Sector Income Trust during the fourth quarter worth $4,100,000. GraniteShares Advisors LLC acquired a new stake in BlackRock Multi-Sector Income Trust in the fourth quarter valued at about $2,464,000. 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 valued at $8,233,000 after acquiring an additional 126,000 shares during the last quarter. U.S. Capital Wealth Advisors LLC acquired a new position in BlackRock Multi-Sector Income Trust during the 4th quarter worth approximately $1,539,000. Finally, LPL Financial LLC boosted its position in BlackRock Multi-Sector Income Trust by 15.3% in the fourth quarter. LPL Financial LLC now owns 582,721 shares of the investment management company’s stock valued at $8,508,000 after buying an additional 77,324 shares in the last quarter.

BlackRock Multi-Sector Income Trust Trading Down 1.3 %

Shares of NYSE:BIT opened at $13.55 on Tuesday. BlackRock Multi-Sector Income Trust has a 52-week low of $12.50 and a 52-week high of $15.50. The company has a fifty day moving average of $14.29 and a 200-day moving average of $14.56.

BlackRock Multi-Sector Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.1237 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 10.95%. The ex-dividend date is Tuesday, April 15th.

BlackRock Multi-Sector Income Trust 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.