BlackRock Health Sciences Term Trust (NYSE:BMEZ) Shares Sold by Claro Advisors LLC

Claro Advisors LLC trimmed its holdings in BlackRock Health Sciences Term Trust (NYSE:BMEZFree Report) by 8.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,710 shares of the company’s stock after selling 972 shares during the period. Claro Advisors LLC’s holdings in BlackRock Health Sciences Term Trust were worth $157,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. boosted its stake in BlackRock Health Sciences Term Trust by 3.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 21,210 shares of the company’s stock worth $348,000 after buying an additional 795 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in shares of BlackRock Health Sciences Term Trust by 4.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,363 shares of the company’s stock worth $250,000 after purchasing an additional 796 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in shares of BlackRock Health Sciences Term Trust by 0.6% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 186,566 shares of the company’s stock worth $2,688,000 after purchasing an additional 1,041 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of BlackRock Health Sciences Term Trust by 4.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 30,936 shares of the company’s stock worth $446,000 after purchasing an additional 1,199 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of BlackRock Health Sciences Term Trust by 0.5% in the 3rd quarter. LPL Financial LLC now owns 274,665 shares of the company’s stock worth $3,958,000 after purchasing an additional 1,231 shares during the period.

BlackRock Health Sciences Term Trust Stock Performance

BlackRock Health Sciences Term Trust stock opened at 15.91 on Wednesday. The stock’s 50-day moving average is 16.04 and its 200-day moving average is 14.84. BlackRock Health Sciences Term Trust has a 12 month low of 12.93 and a 12 month high of 16.95.

BlackRock Health Sciences Term Trust Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a dividend of $0.09 per share. The ex-dividend date was Thursday, March 14th. This represents a $1.08 annualized dividend and a dividend yield of 6.79%.

Insider Activity at BlackRock Health Sciences Term Trust

In related news, major shareholder Saba Capital Management, L.P. bought 72,085 shares of the company’s stock in a transaction that occurred on Thursday, January 11th. The shares were acquired at an average cost of 15.17 per share, for a total transaction of 1,093,529.45. Following the acquisition, the insider now owns 16,858,923 shares in the company, valued at approximately 255,749,861.91. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders have purchased 2,196,942 shares of company stock worth $34,415,254.

About BlackRock Health Sciences Term Trust

(Free Report)

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.

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Institutional Ownership by Quarter for BlackRock Health Sciences Term Trust (NYSE:BMEZ)

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