Truist Financial Corp Lowers Holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Truist Financial Corp decreased its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 7.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 68,936 shares of the company’s stock after selling 5,704 shares during the quarter. Truist Financial Corp’s holdings in BlackRock Science and Technology Term Trust were worth $1,428,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brown Brothers Harriman & Co. purchased a new position in BlackRock Science and Technology Term Trust in the 3rd quarter worth approximately $38,000. US Bancorp DE increased its holdings in shares of BlackRock Science and Technology Term Trust by 51.4% in the 3rd quarter. US Bancorp DE now owns 2,650 shares of the company’s stock worth $51,000 after purchasing an additional 900 shares in the last quarter. Stablepoint Partners LLC bought a new stake in shares of BlackRock Science and Technology Term Trust in the 4th quarter worth $223,000. SeaCrest Wealth Management LLC purchased a new position in shares of BlackRock Science and Technology Term Trust in the fourth quarter worth $247,000. Finally, Jane Street Group LLC bought a new position in shares of BlackRock Science and Technology Term Trust during the third quarter valued at $245,000.

BlackRock Science and Technology Term Trust Trading Down 2.6 %

Shares of BSTZ stock opened at $19.73 on Friday. The company has a 50 day moving average price of $21.35 and a 200-day moving average price of $20.43. BlackRock Science and Technology Term Trust has a 52 week low of $16.50 and a 52 week high of $22.28.

BlackRock Science and Technology Term Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.2218 dividend. This represents a $2.66 dividend on an annualized basis and a dividend yield of 13.49%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Science and Technology Term Trust Profile

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.