Blue Bell Private Wealth Management LLC Purchases 44,866 Shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ)

Blue Bell Private Wealth Management LLC raised its position in shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 37.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 164,064 shares of the company’s stock after purchasing an additional 44,866 shares during the period. Blue Bell Private Wealth Management LLC’s holdings in BlackRock Health Sciences Term Trust were worth $2,520,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Benjamin F. Edwards & Company Inc. lifted its stake in shares of BlackRock Health Sciences Term Trust by 24.1% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 4,792 shares of the company’s stock valued at $70,000 after buying an additional 930 shares in the last quarter. Register Financial Advisors LLC lifted its position in shares of BlackRock Health Sciences Term Trust by 5,365.6% in the second quarter. Register Financial Advisors LLC now owns 6,832 shares of the company’s stock valued at $105,000 after acquiring an additional 6,707 shares in the last quarter. Shaker Financial Services LLC bought a new position in shares of BlackRock Health Sciences Term Trust in the second quarter worth about $184,000. Pine Valley Investments Ltd Liability Co grew its position in shares of BlackRock Health Sciences Term Trust by 6.7% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 13,088 shares of the company’s stock worth $192,000 after purchasing an additional 822 shares in the last quarter. Finally, Comerica Bank grew its position in shares of BlackRock Health Sciences Term Trust by 31.1% during the first quarter. Comerica Bank now owns 15,469 shares of the company’s stock worth $254,000 after purchasing an additional 3,671 shares in the last quarter.

BlackRock Health Sciences Term Trust Price Performance

NYSE BMEZ opened at 15.86 on Friday. BlackRock Health Sciences Term Trust has a 12 month low of 12.93 and a 12 month high of 16.59. The stock’s 50 day moving average is 15.71 and its 200 day moving average is 15.58.

BlackRock Health Sciences Term Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be issued a $0.176 dividend. This represents a $2.11 annualized dividend and a dividend yield of 13.32%. The ex-dividend date is Monday, September 16th.

BlackRock Health Sciences Term Trust Profile

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.