Arete Wealth Advisors LLC Makes New $599,000 Investment in BlackRock Science and Technology Trust (NYSE:BST)

Arete Wealth Advisors LLC acquired a new position in BlackRock Science and Technology Trust (NYSE:BSTFree Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 18,522 shares of the company’s stock, valued at approximately $599,000.

Other large investors have also modified their holdings of the company. Belpointe Asset Management LLC acquired a new position in shares of BlackRock Science and Technology Trust in the fourth quarter worth about $34,000. Retirement Group LLC acquired a new position in shares of BlackRock Science and Technology Trust in the fourth quarter worth about $35,000. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new position in shares of BlackRock Science and Technology Trust during the 1st quarter worth about $59,000. CWM LLC raised its position in shares of BlackRock Science and Technology Trust by 22.9% during the 1st quarter. CWM LLC now owns 1,864 shares of the company’s stock worth $60,000 after purchasing an additional 347 shares during the last quarter. Finally, Captrust Financial Advisors acquired a new position in shares of BlackRock Science and Technology Trust during the 2nd quarter worth about $73,000.

BlackRock Science and Technology Trust Stock Performance

BST opened at $31.82 on Friday. BlackRock Science and Technology Trust has a twelve month low of $27.45 and a twelve month high of $35.38. The company has a 50-day moving average price of $33.61 and a 200 day moving average price of $32.78.

BlackRock Science and Technology Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $3.00 annualized dividend and a dividend yield of 9.43%.

Insider Buying and Selling

In other BlackRock Science and Technology Trust news, Portfolio Manager Tony Kim sold 3,500 shares of the stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $32.14, for a total value of $112,490.00. Following the completion of the sale, the portfolio manager now owns 13,250 shares in the company, valued at approximately $425,855. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

BlackRock Science and Technology Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BlackRock Science and Technology Trust (NYSE:BST)

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