Corrado Advisors LLC Trims Stake in BlackRock Health Sciences Trust (NYSE:BME)

Corrado Advisors LLC lessened its position in BlackRock Health Sciences Trust (NYSE:BME) by 25.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,630 shares of the company’s stock after selling 2,210 shares during the period. Corrado Advisors LLC’s holdings in BlackRock Health Sciences Trust were worth $251,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Wolverine Asset Management LLC lifted its stake in BlackRock Health Sciences Trust by 42.4% in the third quarter. Wolverine Asset Management LLC now owns 85,565 shares of the company’s stock worth $3,588,000 after purchasing an additional 25,457 shares during the last quarter. AlphaStar Capital Management LLC bought a new stake in shares of BlackRock Health Sciences Trust during the 4th quarter worth approximately $878,000. Hara Capital LLC purchased a new position in BlackRock Health Sciences Trust during the 4th quarter valued at $832,000. International Assets Investment Management LLC bought a new position in BlackRock Health Sciences Trust in the 3rd quarter valued at $8,610,000. Finally, Janney Montgomery Scott LLC increased its stake in BlackRock Health Sciences Trust by 40.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 32,787 shares of the company’s stock worth $1,244,000 after purchasing an additional 9,455 shares during the period.

BlackRock Health Sciences Trust Trading Down 0.4 %

NYSE:BME opened at $40.14 on Thursday. BlackRock Health Sciences Trust has a twelve month low of $36.87 and a twelve month high of $42.73. The stock has a fifty day simple moving average of $39.53 and a 200-day simple moving average of $40.40.

BlackRock Health Sciences Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.2621 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $3.15 dividend on an annualized basis and a yield of 7.83%.

BlackRock Health Sciences Trust Company Profile

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services.