Wealth Effects LLC Sells 1,034 Shares of BlackRock Science and Technology Trust (NYSE:BST)

Wealth Effects LLC reduced its stake in BlackRock Science and Technology Trust (NYSE:BST) by 5.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,256 shares of the company’s stock after selling 1,034 shares during the period. Wealth Effects LLC’s holdings in BlackRock Science and Technology Trust were worth $612,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. EverSource Wealth Advisors LLC bought a new position in BlackRock Science and Technology Trust during the first quarter worth about $25,000. Larson Financial Group LLC grew its holdings in BlackRock Science and Technology Trust by 396.5% during the first quarter. Larson Financial Group LLC now owns 993 shares of the company’s stock valued at $37,000 after purchasing an additional 793 shares during the period. Mirador Capital Partners LP acquired a new position in BlackRock Science and Technology Trust during the first quarter valued at approximately $277,000. Hartline Investment Corp bought a new stake in BlackRock Science and Technology Trust in the first quarter valued at approximately $278,000. Finally, Sanctuary Advisors LLC acquired a new stake in BlackRock Science and Technology Trust in the second quarter worth $326,000.

BlackRock Science and Technology Trust Price Performance

Shares of BST stock traded up $0.05 on Monday, hitting $36.86. The stock had a trading volume of 48,854 shares, compared to its average volume of 115,612. BlackRock Science and Technology Trust has a twelve month low of $29.62 and a twelve month high of $39.01. The company has a fifty day moving average price of $35.09 and a two-hundred day moving average price of $35.79.

BlackRock Science and Technology Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $3.00 dividend on an annualized basis and a yield of 8.14%.

BlackRock Science and Technology Trust Company Profile

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.