Keystone Financial Group Takes Position in BlackRock Science and Technology Trust (NYSE:BST)

Keystone Financial Group purchased a new position in BlackRock Science and Technology Trust (NYSE:BST) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,734 shares of the company’s stock, valued at approximately $246,000.

Several other institutional investors have also bought and sold shares of BST. Raymond James Financial Inc. purchased a new position in BlackRock Science and Technology Trust in the 4th quarter valued at approximately $36,425,000. Invesco Ltd. lifted its holdings in BlackRock Science and Technology Trust by 4.7% during the 4th quarter. Invesco Ltd. now owns 516,229 shares of the company’s stock worth $18,873,000 after purchasing an additional 23,244 shares in the last quarter. Anchor Capital Management Group Inc bought a new position in BlackRock Science and Technology Trust in the 4th quarter worth about $658,000. Apollon Wealth Management LLC bought a new position in BlackRock Science and Technology Trust in the 4th quarter worth about $508,000. Finally, Wolverine Asset Management LLC increased its position in shares of BlackRock Science and Technology Trust by 7.4% during the fourth quarter. Wolverine Asset Management LLC now owns 151,664 shares of the company’s stock valued at $5,545,000 after buying an additional 10,446 shares during the period.

Insider Activity at BlackRock Science and Technology Trust

In other BlackRock Science and Technology Trust news, Portfolio Manager Tony Kim purchased 10,264 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was bought at an average cost of $38.78 per share, with a total value of $398,037.92. Following the transaction, the portfolio manager now directly owns 41,514 shares in the company, valued at approximately $1,609,912.92. The trade was a 32.84 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

BlackRock Science and Technology Trust Stock Performance

BST stock opened at $32.55 on Tuesday. The firm has a 50 day moving average of $34.96 and a 200-day moving average of $36.22. BlackRock Science and Technology Trust has a 12 month low of $27.87 and a 12 month high of $39.59.

BlackRock Science and Technology Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 9.22%.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.