Advisor Group Holdings Inc. Has $3.92 Million Stock Position in BlackRock Health Sciences Trust (NYSE:BME)

Posted by Defense World Staff on Jun 3rd, 2023

Advisor Group Holdings Inc. lifted its position in shares of BlackRock Health Sciences Trust (NYSE:BME – Get Rating) by 81.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 90,013 shares of the company’s stock after buying an additional 40,475 shares during the quarter. Advisor Group Holdings Inc.’s holdings in BlackRock Health Sciences Trust were worth $3,923,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of BME. IFP Advisors Inc lifted its holdings in shares of BlackRock Health Sciences Trust by 597.4% during the third quarter. IFP Advisors Inc now owns 1,855 shares of the company’s stock worth $70,000 after buying an additional 1,589 shares in the last quarter. Elequin Securities LLC bought a new position in shares of BlackRock Health Sciences Trust during the fourth quarter worth approximately $76,000. Belpointe Asset Management LLC bought a new position in shares of BlackRock Health Sciences Trust during the fourth quarter worth approximately $111,000. PNC Financial Services Group Inc. grew its holdings in shares of BlackRock Health Sciences Trust by 360.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,628 shares of the company’s stock worth $166,000 after purchasing an additional 2,840 shares in the last quarter. Finally, Beck Bode LLC acquired a new stake in shares of BlackRock Health Sciences Trust during the 4th quarter worth $204,000.

BlackRock Health Sciences Trust Price Performance

BME opened at $40.33 on Friday. BlackRock Health Sciences Trust has a 52-week low of $38.27 and a 52-week high of $45.50. The business’s fifty day moving average is $41.48 and its 200-day moving average is $42.29.

BlackRock Health Sciences Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th were issued a dividend of $0.213 per share. This represents a $2.56 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date was Friday, May 12th.

BlackRock Health Sciences Trust Company Profile

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BlackRock Health Sciences Trust is a closed-end investment fund. Its investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The company was founded on March 31, 2005 and is headquartered in Wilmington, DE.