Sunbelt Securities Inc. Sells 4,412 Shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Sunbelt Securities Inc. trimmed its stake in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 36.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,651 shares of the company’s stock after selling 4,412 shares during the period. Sunbelt Securities Inc.’s holdings in BlackRock Science and Technology Term Trust were worth $147,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC purchased a new stake in BlackRock Science and Technology Term Trust during the 2nd quarter valued at $32,000. Brown Brothers Harriman & Co. purchased a new stake in BlackRock Science and Technology Term Trust during the third quarter valued at $38,000. US Bancorp DE lifted its holdings in BlackRock Science and Technology Term Trust by 51.4% in the third quarter. US Bancorp DE now owns 2,650 shares of the company’s stock valued at $51,000 after acquiring an additional 900 shares during the period. 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 stake in shares of BlackRock Science and Technology Term Trust during the 2nd quarter valued at about $86,000.

BlackRock Science and Technology Term Trust Trading Down 0.1 %

Shares of NASDAQ:BSTZ opened at $21.62 on Friday. The firm’s 50 day moving average price is $20.62 and its 200-day moving average price is $19.74. BlackRock Science and Technology Term Trust has a twelve month low of $16.21 and a twelve month high of $22.08.

BlackRock Science and Technology Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 16th will be issued a dividend of $0.218 per share. This represents a $2.62 annualized dividend and a yield of 12.10%. The ex-dividend date of this dividend is Monday, December 16th.

About BlackRock Science and Technology Term Trust

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.