Janney Montgomery Scott LLC Decreases Stock Position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Janney Montgomery Scott LLC lowered its stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZFree Report) by 12.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,906 shares of the company’s stock after selling 6,229 shares during the period. Janney Montgomery Scott LLC’s holdings in BlackRock Science and Technology Term Trust were worth $813,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. NewEdge Wealth LLC increased its holdings in shares of BlackRock Science and Technology Term Trust by 33.5% in the first quarter. NewEdge Wealth LLC now owns 46,145 shares of the company’s stock worth $862,000 after buying an additional 11,568 shares during the period. Clough Capital Partners L P grew its stake in shares of BlackRock Science and Technology Term Trust by 9.5% in the first quarter. Clough Capital Partners L P now owns 223,600 shares of the company’s stock worth $4,179,000 after purchasing an additional 19,400 shares during the last quarter. Truist Financial Corp grew its stake in shares of BlackRock Science and Technology Term Trust by 6.9% in the first quarter. Truist Financial Corp now owns 70,545 shares of the company’s stock worth $1,318,000 after purchasing an additional 4,541 shares during the last quarter. Aspire Private Capital LLC bought a new stake in shares of BlackRock Science and Technology Term Trust in the first quarter worth about $31,263,230,000. Finally, SeaCrest Wealth Management LLC bought a new stake in shares of BlackRock Science and Technology Term Trust in the first quarter worth about $273,000.

BlackRock Science and Technology Term Trust Price Performance

NASDAQ BSTZ opened at $14.22 on Friday. BlackRock Science and Technology Term Trust has a 1 year low of $14.22 and a 1 year high of $19.28. The business’s 50-day moving average is $16.49 and its 200 day moving average is $17.20.

BlackRock Science and Technology Term Trust Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, October 16th will be paid a $0.1032 dividend. The ex-dividend date of this dividend is Friday, October 13th. This represents a $1.24 annualized dividend and a dividend yield of 8.71%.

Insider Buying and Selling at BlackRock Science and Technology Term Trust

In other BlackRock Science and Technology Term Trust news, Portfolio Manager Tony Kim sold 22,676 shares of BlackRock Science and Technology Term Trust stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $16.67, for a total transaction of $378,008.92. Following the sale, the portfolio manager now directly owns 152,273 shares of the company’s stock, valued at approximately $2,538,390.91. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

BlackRock Science and Technology Term Trust Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Receive News & Ratings for BlackRock Science and Technology Term Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Science and Technology Term Trust and related companies with MarketBeat.com's FREE daily email newsletter.