LPL Financial LLC Sells 3,446 Shares of BlackRock Health Sciences Trust (NYSE:BME)

LPL Financial LLC decreased its holdings in shares of BlackRock Health Sciences Trust (NYSE:BME – Get Rating) by 5.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,847 shares of the company’s stock after selling 3,446 shares during the period. LPL Financial LLC’s holdings in BlackRock Health Sciences Trust were worth $2,695,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BME. Raymond James & Associates boosted its position in shares of BlackRock Health Sciences Trust by 3.4% during the 1st quarter. Raymond James & Associates now owns 36,540 shares of the company’s stock valued at $1,663,000 after purchasing an additional 1,207 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in BlackRock Health Sciences Trust by 28.3% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 27,677 shares of the company’s stock valued at $1,260,000 after purchasing an additional 6,098 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of BlackRock Health Sciences Trust by 360.4% during the first quarter. PNC Financial Services Group Inc. now owns 3,628 shares of the company’s stock valued at $166,000 after purchasing an additional 2,840 shares during the period. Raymond James Trust N.A. boosted its position in shares of BlackRock Health Sciences Trust by 34.3% during the 1st quarter. Raymond James Trust N.A. now owns 12,695 shares of the company’s stock worth $578,000 after purchasing an additional 3,245 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of BlackRock Health Sciences Trust by 16.7% in the 1st quarter. UBS Group AG now owns 127,702 shares of the company’s stock valued at $5,813,000 after buying an additional 18,288 shares during the period.

BlackRock Health Sciences Trust Stock Up 0.2 %

Shares of BlackRock Health Sciences Trust stock opened at $40.83 on Friday. The business has a 50-day simple moving average of $41.45 and a 200 day simple moving average of $42.53. BlackRock Health Sciences Trust has a one year low of $38.27 and a one year high of $45.50.

BlackRock Health Sciences Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th will be issued a dividend of $0.213 per share. The ex-dividend date is Friday, May 12th. This represents a $2.56 annualized dividend and a dividend yield of 6.26%.

BlackRock Health Sciences Trust Profile

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BlackRock Health Sciences Trust is a closed-end investment fund. Its investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The company was founded on March 31, 2005 and is headquartered in Wilmington, DE.