Oppenheimer & Co. Inc. Has $900,000 Stock Holdings in BlackRock Science and Technology Trust II (NASDAQ:BSTZ)

Oppenheimer & Co. Inc. trimmed its position in BlackRock Science and Technology Trust II (NASDAQ:BSTZ – Get Rating) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,535 shares of the company’s stock after selling 6,019 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in BlackRock Science and Technology Trust II were worth $900,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. acquired a new stake in shares of BlackRock Science and Technology Trust II during the 1st quarter worth $251,000. Cambridge Investment Research Advisors Inc. grew its holdings in shares of BlackRock Science and Technology Trust II by 61.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,224 shares of the company’s stock worth $477,000 after purchasing an additional 6,167 shares in the last quarter. Quantedge Capital Pte Ltd acquired a new stake in shares of BlackRock Science and Technology Trust II during the 1st quarter worth $576,000. Lazard Asset Management LLC grew its holdings in shares of BlackRock Science and Technology Trust II by 1.1% during the 1st quarter. Lazard Asset Management LLC now owns 339,495 shares of the company’s stock worth $9,970,000 after purchasing an additional 3,648 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. grew its holdings in shares of BlackRock Science and Technology Trust II by 450.8% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 69,950 shares of the company’s stock worth $2,053,000 after purchasing an additional 57,250 shares in the last quarter.

BlackRock Science and Technology Trust II Price Performance

BSTZ opened at $16.28 on Friday. BlackRock Science and Technology Trust II has a 52-week low of $15.30 and a 52-week high of $24.15. The business’s fifty day moving average is $17.02 and its 200-day moving average is $17.16.

BlackRock Science and Technology Trust II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th will be issued a dividend of $0.1613 per share. This represents a $1.94 annualized dividend and a dividend yield of 11.89%. The ex-dividend date of this dividend is Friday, May 12th.

BlackRock Science and Technology Trust II Profile

(Get Rating)

BlackRock Science and Technology Trust II, is a limited-term closed-end equity fund. BSTZ commenced operations in June 2019 with the investment objectives of providing total return and income through a combination of current income, current gains and long-term capital appreciation. Under normal market conditions, the Trust will invest at least 80% of its total assets in equity securities issued by U.S.