BLACKROCK 2022/COM (NYSE:BGIO) Portfolio Manager Sells $596,101.60 in Stock

BLACKROCK 2022/COM (NYSE:BGIO) Portfolio Manager Richard M. Rieder sold 72,080 shares of the business’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $8.27, for a total transaction of $596,101.60. Following the completion of the transaction, the portfolio manager now owns 416,817 shares in the company, valued at approximately $3,447,076.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of NYSE BGIO opened at $8.44 on Friday. The firm’s 50-day moving average price is $8.33 and its 200-day moving average price is $8.53. BLACKROCK 2022/COM has a 1-year low of $5.66 and a 1-year high of $9.95.

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, July 14th. This represents a $0.60 annualized dividend and a dividend yield of 7.11%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wells Fargo & Company MN raised its holdings in shares of BLACKROCK 2022/COM by 4.6% during the first quarter. Wells Fargo & Company MN now owns 744,984 shares of the company’s stock valued at $5,647,000 after purchasing an additional 32,439 shares during the period. Cypress Wealth Services LLC raised its holdings in shares of BLACKROCK 2022/COM by 12.5% during the second quarter. Cypress Wealth Services LLC now owns 22,500 shares of the company’s stock valued at $188,000 after purchasing an additional 2,500 shares during the period. Stifel Financial Corp raised its holdings in shares of BLACKROCK 2022/COM by 83.8% during the fourth quarter. Stifel Financial Corp now owns 101,253 shares of the company’s stock valued at $1,005,000 after purchasing an additional 46,172 shares during the period. Advisor Group Holdings Inc. acquired a new position in shares of BLACKROCK 2022/COM during the first quarter valued at about $587,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of BLACKROCK 2022/COM by 5.9% during the first quarter. Steward Partners Investment Advisory LLC now owns 91,236 shares of the company’s stock valued at $691,000 after purchasing an additional 5,086 shares during the period.

About BLACKROCK 2022/COM

BlackRock 2022 Global Income Opportunity Trust is a closed ended fixed income launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC, BlackRock International Limited, and BlackRock (Singapore) Limited. It invests primarily in fixed income markets across the globe. The fund benchmarks the performance of its portfolio against the Bloomberg Barclays 1-3 Month U.S.

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