UBS Group AG Buys 11,791 Shares of BlackRock Income Trust, Inc. (NYSE:BKT)

UBS Group AG raised its position in shares of BlackRock Income Trust, Inc. (NYSE:BKT – Get Rating) by 1.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 653,657 shares of the company’s stock after purchasing an additional 11,791 shares during the period. UBS Group AG owned 3.07% of BlackRock Income Trust worth $2,706,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sit Investment Associates Inc. raised its stake in shares of BlackRock Income Trust by 2.8% in the second quarter. Sit Investment Associates Inc. now owns 4,686,265 shares of the company’s stock valued at $21,276,000 after buying an additional 127,663 shares during the period. Allspring Global Investments Holdings LLC raised its stake in BlackRock Income Trust by 47.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,861,048 shares of the company’s stock valued at $7,704,000 after acquiring an additional 596,263 shares during the period. Karpus Management Inc. lifted its holdings in BlackRock Income Trust by 105.8% during the second quarter. Karpus Management Inc. now owns 1,125,642 shares of the company’s stock valued at $5,110,000 after purchasing an additional 578,739 shares during the last quarter. HNP Capital LLC boosted its position in BlackRock Income Trust by 14.5% during the third quarter. HNP Capital LLC now owns 948,837 shares of the company’s stock worth $3,928,000 after purchasing an additional 120,416 shares during the period. Finally, Vectors Research Management LLC increased its stake in shares of BlackRock Income Trust by 78.1% in the second quarter. Vectors Research Management LLC now owns 911,219 shares of the company’s stock worth $4,137,000 after purchasing an additional 399,642 shares in the last quarter.

BlackRock Income Trust Stock Performance

Shares of BKT stock opened at $12.54 on Monday. The firm’s 50 day moving average is $12.83 and its 200 day moving average is $12.72. BlackRock Income Trust, Inc. has a 12 month low of $11.60 and a 12 month high of $15.66.

BlackRock Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 31st. Investors of record on Wednesday, March 15th will be issued a dividend of $0.0882 per share. The ex-dividend date of this dividend is Tuesday, March 14th. This represents a $1.06 dividend on an annualized basis and a yield of 8.44%.

About BlackRock Income Trust

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BlackRock Income Trust, Inc is a closed-end investment fund. Its investment objective is to provide total return through a combination of current income and capital appreciation. The company was founded on July 31, 1988 and is headquartered in Wilmington, DE.