Stockman Wealth Management Inc. Sells 550 Shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Stockman Wealth Management Inc. trimmed its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 5.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,346 shares of the company’s stock after selling 550 shares during the period. Stockman Wealth Management Inc.’s holdings in BlackRock Science and Technology Term Trust were worth $199,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wolverine Asset Management LLC bought a new position in shares of BlackRock Science and Technology Term Trust during the second quarter valued at $32,000. Bessemer Group Inc. increased its stake in BlackRock Science and Technology Term Trust by 71.3% during the 1st quarter. Bessemer Group Inc. now owns 2,223 shares of the company’s stock valued at $43,000 after purchasing an additional 925 shares in the last quarter. US Bancorp DE increased its stake in 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 valued at $51,000 after purchasing an additional 900 shares in the last quarter. UMB Bank n.a. purchased a new position in BlackRock Science and Technology Term Trust in the third quarter worth about $55,000. Finally, Quarry LP bought a new position in shares of BlackRock Science and Technology Term Trust in the second quarter worth approximately $86,000.

BlackRock Science and Technology Term Trust Price Performance

NASDAQ BSTZ traded up $0.02 during mid-day trading on Friday, reaching $21.24. The stock had a trading volume of 172,904 shares, compared to its average volume of 240,702. The company has a fifty day moving average price of $19.36 and a 200 day moving average price of $19.19. BlackRock Science and Technology Term Trust has a 1 year low of $15.57 and a 1 year high of $21.35.

BlackRock Science and Technology Term Trust Dividend Announcement

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 issued a dividend of $0.2155 per share. This represents a $2.59 dividend on an annualized basis and a dividend yield of 12.17%. The ex-dividend date 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.