LPL Financial LLC Grows Stock Holdings in BlackRock Health Sciences Trust (NYSE:BME)

LPL Financial LLC lifted its position in shares of BlackRock Health Sciences Trust (NYSE:BME) by 12.5% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 69,587 shares of the company’s stock after buying an additional 7,740 shares during the quarter. LPL Financial LLC’s holdings in BlackRock Health Sciences Trust were worth $2,913,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of BME. Wells Fargo & Company MN lifted its stake in shares of BlackRock Health Sciences Trust by 107.4% during the 4th quarter. Wells Fargo & Company MN now owns 370,553 shares of the company’s stock valued at $16,149,000 after buying an additional 191,846 shares in the last quarter. Advisor Group Holdings Inc. lifted its stake in shares of BlackRock Health Sciences Trust by 81.7% during the 4th quarter. Advisor Group Holdings Inc. now owns 90,013 shares of the company’s stock valued at $3,923,000 after buying an additional 40,475 shares in the last quarter. UBS Group AG lifted its stake in shares of BlackRock Health Sciences Trust by 16.7% during 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 in the last quarter. Simplicity Solutions LLC purchased a new position in shares of BlackRock Health Sciences Trust during the 1st quarter valued at $598,000. Finally, Atria Wealth Solutions Inc. bought a new stake in BlackRock Health Sciences Trust in the 1st quarter valued at $580,000.

BlackRock Health Sciences Trust Trading Down 0.6 %

Shares of NYSE BME opened at $39.81 on Wednesday. The firm’s fifty day moving average is $40.03 and its two-hundred day moving average is $40.76. BlackRock Health Sciences Trust has a 52-week low of $38.27 and a 52-week high of $45.50.

BlackRock Health Sciences Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th were issued a $0.213 dividend. The ex-dividend date was Monday, August 14th. This represents a $2.56 dividend on an annualized basis and a yield of 6.42%.

BlackRock Health Sciences Trust Profile

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services.