Oppenheimer & Co. Inc. Acquires 49,761 Shares of BlackRock Science and Technology Trust $BST

Oppenheimer & Co. Inc. acquired a new position in shares of BlackRock Science and Technology Trust (NYSE:BST) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 49,761 shares of the company’s stock, valued at approximately $2,487,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Eastern Bank acquired a new position in BlackRock Science and Technology Trust in the third quarter valued at $25,000. CoreCap Advisors LLC purchased a new stake in BlackRock Science and Technology Trust during the third quarter valued at about $25,000. Ascentis Independent Advisors acquired a new stake in BlackRock Science and Technology Trust during the first quarter worth about $38,000. Trust Co. of Vermont acquired a new stake in BlackRock Science and Technology Trust during the second quarter worth about $76,000. Finally, Fifth Third Bancorp acquired a new stake in BlackRock Science and Technology Trust during the first quarter worth about $78,000.

BlackRock Science and Technology Trust Stock Performance

BlackRock Science and Technology Trust stock opened at $46.90 on Friday. The stock’s 50-day moving average is $49.34 and its 200-day moving average is $44.97. BlackRock Science and Technology Trust has a 12 month low of $34.87 and a 12 month high of $52.32.

BlackRock Science and Technology Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, December 11th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 6.4%.

BlackRock Science and Technology Trust Profile

BlackRock Science and Technology Trust is a non-diversified, closed-end investment fund listed on the New York Stock Exchange under the symbol BST. The fund is advised by BlackRock Advisors, LLC, an affiliate of BlackRock, Inc, and is designed to provide investors with exposure to companies operating in the science and technology sectors.

BST seeks to generate total returns through a combination of current income, current gains and long-term capital appreciation. It generally invests in equity securities issued by science and technology companies, including businesses involved in areas such as software, semiconductors, hardware, communications, biotechnology and other technology-related industries.