Stablepoint Partners LLC Takes $223,000 Position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Stablepoint Partners LLC acquired a new position in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) during the fourth quarter, HoldingsChannel reports. The firm acquired 10,770 shares of the company’s stock, valued at approximately $223,000.

Other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp raised its stake in shares of BlackRock Science and Technology Term Trust by 0.9% in the 2nd quarter. Truist Financial Corp now owns 56,976 shares of the company’s stock valued at $1,134,000 after purchasing an additional 531 shares during the period. US Bancorp DE grew its holdings in shares of BlackRock Science and Technology Term Trust by 51.4% during the third quarter. US Bancorp DE now owns 2,650 shares of the company’s stock worth $51,000 after buying an additional 900 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in BlackRock Science and Technology Term Trust in the 3rd quarter valued at approximately $38,000. UMB Bank n.a. acquired a new stake in BlackRock Science and Technology Term Trust in the 3rd quarter valued at approximately $55,000. Finally, Quarry LP bought a new stake in BlackRock Science and Technology Term Trust in the 2nd quarter valued at approximately $86,000.

BlackRock Science and Technology Term Trust Stock Down 0.5 %

Shares of BSTZ opened at $21.95 on Monday. BlackRock Science and Technology Term Trust has a twelve month low of $16.50 and a twelve month high of $22.28. The company has a 50 day moving average of $21.42 and a 200-day moving average of $20.06.

BlackRock Science and Technology Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a $0.2199 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 12.02%. The ex-dividend date is Wednesday, January 15th.

BlackRock Science and Technology Term Trust 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.