Shaker Financial Services LLC Increases Holdings in BlackRock Science and Technology Trust (NYSE:BST)

Shaker Financial Services LLC raised its stake in shares of BlackRock Science and Technology Trust (NYSE:BST) by 77.8% in the third quarter, Holdings Channel reports. The institutional investor owned 46,823 shares of the company’s stock after buying an additional 20,491 shares during the quarter. Shaker Financial Services LLC’s holdings in BlackRock Science and Technology Trust were worth $1,659,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC purchased a new position in BlackRock Science and Technology Trust during the first quarter valued at $25,000. Larson Financial Group LLC raised its stake in shares of BlackRock Science and Technology Trust by 396.5% in the first quarter. Larson Financial Group LLC now owns 993 shares of the company’s stock worth $37,000 after purchasing an additional 793 shares during the last quarter. Mirador Capital Partners LP raised its stake in shares of BlackRock Science and Technology Trust by 8.8% in the second quarter. Mirador Capital Partners LP now owns 8,163 shares of the company’s stock worth $307,000 after purchasing an additional 660 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of BlackRock Science and Technology Trust in the second quarter worth $326,000. Finally, Focus Financial Network Inc. raised its stake in shares of BlackRock Science and Technology Trust by 16.1% in the second quarter. Focus Financial Network Inc. now owns 12,323 shares of the company’s stock worth $447,000 after purchasing an additional 1,712 shares during the last quarter.

BlackRock Science and Technology Trust Stock Performance

BST stock opened at $36.76 on Thursday. BlackRock Science and Technology Trust has a 1-year low of $31.38 and a 1-year high of $39.01. The business has a fifty day moving average price of $35.47 and a 200-day moving average price of $35.89.

BlackRock Science and Technology Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.25 dividend. This represents a $3.00 annualized dividend and a dividend yield of 8.16%. The ex-dividend date of this dividend is Friday, November 15th.

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.