Stablepoint Partners LLC Takes $223,000 Position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Stablepoint Partners LLC acquired a new position in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,770 shares of the company’s stock, valued at approximately $223,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Truist Financial Corp grew its position in shares of BlackRock Science and Technology Term Trust by 0.9% during the 2nd quarter. Truist Financial Corp now owns 56,976 shares of the company’s stock worth $1,134,000 after buying an additional 531 shares during the period. US Bancorp DE boosted 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 worth $51,000 after acquiring an additional 900 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new position in BlackRock Science and Technology Term Trust during the third quarter valued at approximately $38,000. UMB Bank n.a. bought a new stake in BlackRock Science and Technology Term Trust in the third quarter valued at approximately $55,000. Finally, Quarry LP acquired a new stake in BlackRock Science and Technology Term Trust in the second quarter worth $86,000.

BlackRock Science and Technology Term Trust Price Performance

Shares of NASDAQ BSTZ opened at $21.95 on Monday. BlackRock Science and Technology Term Trust has a twelve month low of $16.50 and a twelve month high of $22.28. The company’s fifty day moving average is $21.42 and its 200-day moving average is $20.06.

BlackRock Science and Technology Term Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.2199 per share. The ex-dividend date is Wednesday, January 15th. This represents a $2.64 annualized dividend and a yield of 12.02%.

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.