BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lessened its holdings in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 11.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 65,880 shares of the company’s stock after selling 8,514 shares during the period. HighTower Advisors LLC’s holdings in BlackRock Science and Technology Term Trust were worth $1,263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new position in BlackRock Science and Technology Term Trust during the 3rd quarter worth approximately $38,000. Penserra Capital Management LLC purchased a new position in BlackRock Science and Technology Term Trust during the 3rd quarter worth approximately $14,485,000. Oppenheimer & Co. Inc. grew its stake in BlackRock Science and Technology Term Trust by 22.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 142,567 shares of the company’s stock worth $2,737,000 after buying an additional 25,737 shares during the last quarter. US Bancorp DE grew its stake in BlackRock Science and Technology Term Trust by 51.4% during the 3rd quarter. US Bancorp DE now owns 2,650 shares of the company’s stock worth $51,000 after buying an additional 900 shares during the last quarter. Finally, International Assets Investment Management LLC grew its stake in BlackRock Science and Technology Term Trust by 1,545.9% during the 3rd quarter. International Assets Investment Management LLC now owns 210,917 shares of the company’s stock worth $40,500,000 after buying an additional 198,102 shares during the last quarter.

BlackRock Science and Technology Term Trust Stock Performance

NASDAQ:BSTZ opened at $21.63 on Tuesday. The stock’s 50 day moving average price is $20.67 and its 200 day moving average price is $19.75. BlackRock Science and Technology Term Trust has a 52-week low of $16.21 and a 52-week high of $22.08.

BlackRock Science and Technology Term Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 16th will be paid a dividend of $0.218 per share. The ex-dividend date is Monday, December 16th. This represents a $2.62 dividend on an annualized basis and a yield of 12.09%.

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.