Corient Private Wealth LLC Has $378,000 Stock Holdings in BlackRock Health Sciences Term Trust (NYSE:BMEZ)

Corient Private Wealth LLC lifted its position in BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 24.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 26,225 shares of the company’s stock after purchasing an additional 5,224 shares during the period. Corient Private Wealth LLC’s holdings in BlackRock Health Sciences Term Trust were worth $378,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in BlackRock Health Sciences Term Trust in the 4th quarter valued at approximately $10,869,000. Absolute Investment Advisers LLC acquired a new stake in shares of BlackRock Health Sciences Term Trust in the fourth quarter worth $3,941,000. Wolverine Asset Management LLC increased its position in BlackRock Health Sciences Term Trust by 496.1% during the fourth quarter. Wolverine Asset Management LLC now owns 187,617 shares of the company’s stock worth $2,702,000 after acquiring an additional 156,141 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in BlackRock Health Sciences Term Trust during the 4th quarter valued at $471,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in BlackRock Health Sciences Term Trust in the 4th quarter valued at $420,000.

BlackRock Health Sciences Term Trust Stock Performance

NYSE BMEZ opened at $14.89 on Monday. The company’s fifty day moving average is $15.76 and its two-hundred day moving average is $15.58. BlackRock Health Sciences Term Trust has a 52-week low of $14.27 and a 52-week high of $16.75.

BlackRock Health Sciences Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.1763 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 14.21%.

About BlackRock Health Sciences Term Trust

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.