Smith Moore & CO. Buys 2,550 Shares of BlackRock Science and Technology Trust (NYSE:BST)

Smith Moore & CO. raised its stake in BlackRock Science and Technology Trust (NYSE:BST) by 19.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,773 shares of the company’s stock after acquiring an additional 2,550 shares during the period. Smith Moore & CO.’s holdings in BlackRock Science and Technology Trust were worth $577,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Hilltop Holdings Inc. grew its position in shares of BlackRock Science and Technology Trust by 6.8% during the third quarter. Hilltop Holdings Inc. now owns 13,216 shares of the company’s stock valued at $468,000 after purchasing an additional 843 shares in the last quarter. HighTower Advisors LLC grew its holdings in BlackRock Science and Technology Trust by 3.4% during the 3rd quarter. HighTower Advisors LLC now owns 31,058 shares of the company’s stock valued at $1,098,000 after buying an additional 1,031 shares in the last quarter. Polar Asset Management Partners Inc. bought a new stake in BlackRock Science and Technology Trust in the 3rd quarter worth approximately $507,000. Jane Street Group LLC purchased a new stake in shares of BlackRock Science and Technology Trust during the 3rd quarter worth approximately $316,000. Finally, Sanctuary Advisors LLC raised its holdings in shares of BlackRock Science and Technology Trust by 83.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 17,137 shares of the company’s stock worth $625,000 after acquiring an additional 7,798 shares in the last quarter.

Insider Transactions at BlackRock Science and Technology Trust

In related news, Portfolio Manager Tony Kim acquired 10,264 shares of the stock in a transaction dated Thursday, February 20th. The stock was acquired at an average cost of $38.78 per share, with a total value of $398,037.92. Following the purchase, the portfolio manager now directly owns 41,514 shares of the company’s stock, valued at approximately $1,609,912.92. This trade represents a 32.84 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

BlackRock Science and Technology Trust Price Performance

BST stock opened at $30.08 on Friday. The firm has a fifty day moving average price of $35.93 and a 200 day moving average price of $36.41. BlackRock Science and Technology Trust has a fifty-two week low of $29.86 and a fifty-two week high of $39.59.

BlackRock Science and Technology Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a $0.25 dividend. 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 9.97%.

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.