Oppenheimer & Co. Inc. Decreases Stock Holdings in BlackRock Science and Technology Trust (NYSE:BST)

Oppenheimer & Co. Inc. decreased its holdings in shares of BlackRock Science and Technology Trust (NYSE:BST) by 5.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,593 shares of the company’s stock after selling 2,119 shares during the period. Oppenheimer & Co. Inc.’s holdings in BlackRock Science and Technology Trust were worth $1,374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BST. HighTower Advisors LLC raised its stake in BlackRock Science and Technology Trust by 3.4% in the 3rd quarter. HighTower Advisors LLC now owns 31,058 shares of the company’s stock valued at $1,098,000 after purchasing an additional 1,031 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in BlackRock Science and Technology Trust in the 4th quarter valued at $244,000. Shaker Financial Services LLC raised its stake in BlackRock Science and Technology Trust by 77.8% in the 3rd quarter. Shaker Financial Services LLC now owns 46,823 shares of the company’s stock valued at $1,659,000 after purchasing an additional 20,491 shares during the last quarter. D.A. Davidson & CO. raised its stake in BlackRock Science and Technology Trust by 10.8% in the 3rd quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock valued at $296,000 after purchasing an additional 814 shares during the last quarter. Finally, Kingsview Wealth Management LLC raised its stake in BlackRock Science and Technology Trust by 3.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 25,039 shares of the company’s stock valued at $887,000 after purchasing an additional 795 shares during the last quarter.

Insider Activity at BlackRock Science and Technology Trust

In related news, Portfolio Manager Tony Kim bought 10,264 shares of the business’s stock in a transaction on 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 $1,609,912.92. The trade was a 32.84 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

BlackRock Science and Technology Trust Price Performance

NYSE BST opened at $35.33 on Tuesday. The business has a fifty day moving average price of $37.58 and a 200 day moving average price of $36.52. BlackRock Science and Technology Trust has a one year low of $31.38 and a one year high of $39.59.

BlackRock Science and Technology Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.25 dividend. This represents a $3.00 annualized dividend and a yield of 8.49%. The ex-dividend date of this dividend was Friday, February 14th.

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.