HBK Investments L P Reduces Holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

HBK Investments L P cut its stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 11.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,055 shares of the company’s stock after selling 7,613 shares during the period. HBK Investments L P’s holdings in BlackRock Science and Technology Term Trust were worth $1,134,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Penserra Capital Management LLC acquired a new position in shares of BlackRock Science and Technology Term Trust in the 3rd quarter valued at $14,485,000. International Assets Investment Management LLC lifted its position in BlackRock Science and Technology Term Trust by 1,545.9% during the third quarter. International Assets Investment Management LLC now owns 210,917 shares of the company’s stock valued at $40,500,000 after purchasing an additional 198,102 shares during the period. Sanctuary Advisors LLC purchased a new stake in BlackRock Science and Technology Term Trust in the second quarter valued at $2,504,000. Wedbush Securities Inc. grew its position in BlackRock Science and Technology Term Trust by 13.3% during the 2nd quarter. Wedbush Securities Inc. now owns 683,666 shares of the company’s stock worth $13,612,000 after purchasing an additional 80,260 shares during the period. Finally, Blue Bell Private Wealth Management LLC boosted its stake in shares of BlackRock Science and Technology Term Trust by 23.2% in the second quarter. Blue Bell Private Wealth Management LLC now owns 158,947 shares of the company’s stock worth $3,165,000 after buying an additional 29,880 shares during the last quarter.

BlackRock Science and Technology Term Trust Stock Performance

BlackRock Science and Technology Term Trust stock opened at $21.32 on Friday. BlackRock Science and Technology Term Trust has a 12 month low of $16.21 and a 12 month high of $22.00. The stock’s 50 day simple moving average is $20.01 and its two-hundred day simple moving average is $19.50.

BlackRock Science and Technology Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.2155 per share. This represents a $2.59 annualized dividend and a dividend yield of 12.13%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.