International Assets Investment Management LLC Has $40.50 Million Stock Position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

International Assets Investment Management LLC increased its stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 1,545.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 210,917 shares of the company’s stock after purchasing an additional 198,102 shares during the period. International Assets Investment Management LLC’s holdings in BlackRock Science and Technology Term Trust were worth $40,500,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UMB Bank n.a. bought a new position in BlackRock Science and Technology Term Trust in the 3rd quarter valued at about $55,000. Mather Group LLC. acquired a new stake in BlackRock Science and Technology Term Trust in the third quarter valued at about $230,000. Sanctuary Advisors LLC bought a new position in BlackRock Science and Technology Term Trust in the second quarter valued at about $2,504,000. Truist Financial Corp raised its stake in BlackRock Science and Technology Term Trust by 0.9% during the second quarter. Truist Financial Corp now owns 56,976 shares of the company’s stock worth $1,134,000 after acquiring an additional 531 shares in the last quarter. Finally, Quarry LP bought a new position in shares of BlackRock Science and Technology Term Trust in the second quarter worth about $86,000.

BlackRock Science and Technology Term Trust Stock Up 1.5 %

Shares of BlackRock Science and Technology Term Trust stock opened at $19.96 on Monday. The firm’s 50 day moving average is $19.14 and its 200 day moving average is $19.01. BlackRock Science and Technology Term Trust has a 1 year low of $14.11 and a 1 year high of $20.95.

BlackRock Science and Technology Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.214 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $2.57 annualized dividend and a dividend yield of 12.87%.

About BlackRock Science and Technology Term Trust

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.