NewEdge Wealth LLC Grows Stock Holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Posted by Shelly Janes on Mar 2nd, 2025

NewEdge Wealth LLC lifted its stake in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ – Free Report) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 104,993 shares of the company’s stock after acquiring an additional 3,000 shares during the quarter. NewEdge Wealth LLC’s holdings in BlackRock Science and Technology Term Trust were worth $2,174,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of BSTZ. Brown Brothers Harriman & Co. purchased a new position in BlackRock Science and Technology Term Trust during the 3rd quarter worth $38,000. US Bancorp DE grew its position in shares of BlackRock Science and Technology Term Trust by 51.4% during the 3rd 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. Stablepoint Partners LLC purchased a new position in shares of BlackRock Science and Technology Term Trust during the fourth quarter valued at $223,000. Jane Street Group LLC purchased a new position in BlackRock Science and Technology Term Trust during the third quarter valued at approximately $245,000. Finally, SeaCrest Wealth Management LLC bought a new position in shares of BlackRock Science and Technology Term Trust in the 4th quarter worth $247,000.

BlackRock Science and Technology Term Trust Stock Up 1.5 %

Shares of BlackRock Science and Technology Term Trust stock opened at $20.03 on Friday. The company has a 50 day moving average price of $21.33 and a 200 day moving average price of $20.45. BlackRock Science and Technology Term Trust has a 52 week low of $16.50 and a 52 week high of $22.28.

BlackRock Science and Technology Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.2218 dividend. This represents a $2.66 annualized dividend and a yield of 13.29%. The ex-dividend date was Friday, February 14th.

BlackRock Science and Technology Term Trust Company Profile

(Free Report)

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.