Corient Private Wealth LLC lowered its position in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ – Free Report) by 17.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,912 shares of the company’s stock after selling 3,130 shares during the quarter. Corient Private Wealth LLC’s holdings in BlackRock Science and Technology Term Trust were worth $309,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in shares of BlackRock Science and Technology Term Trust in the 3rd quarter valued at approximately $245,000. SeaCrest Wealth Management LLC bought a new stake in BlackRock Science and Technology Term Trust during the fourth quarter valued at $247,000. Stablepoint Partners LLC acquired a new stake in shares of BlackRock Science and Technology Term Trust during the fourth quarter worth $223,000. Absolute Investment Advisers LLC bought a new position in shares of BlackRock Science and Technology Term Trust in the 4th quarter worth about $454,000. Finally, Sanctuary Advisors LLC lifted its position in shares of BlackRock Science and Technology Term Trust by 1.2% in the 4th quarter. Sanctuary Advisors LLC now owns 102,779 shares of the company’s stock worth $2,186,000 after buying an additional 1,182 shares during the last quarter.
Insider Transactions at BlackRock Science and Technology Term Trust
In other news, Portfolio Manager Tony Kim purchased 27,000 shares of BlackRock Science and Technology Term Trust stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of $18.57 per share, with a total value of $501,390.00. Following the completion of the acquisition, the portfolio manager now owns 193,533 shares in the company, valued at $3,593,907.81. The trade was a 16.21 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
BlackRock Science and Technology Term Trust Stock Down 2.7 %
BlackRock Science and Technology Term Trust Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.2231 per share. This represents a $2.68 annualized dividend and a dividend yield of 14.83%. The ex-dividend date is Friday, March 14th.
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.
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