Atria Wealth Solutions Inc. Has $735,000 Holdings in BlackRock Multi-Sector Income Trust (NYSE:BIT)

Atria Wealth Solutions Inc. raised its holdings in shares of BlackRock Multi-Sector Income Trust (NYSE:BIT) by 75.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,007 shares of the investment management company’s stock after acquiring an additional 21,027 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in BlackRock Multi-Sector Income Trust were worth $735,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. LPL Financial LLC grew its position in BlackRock Multi-Sector Income Trust by 35.2% during the third quarter. LPL Financial LLC now owns 405,230 shares of the investment management company’s stock valued at $5,864,000 after purchasing an additional 105,614 shares in the last quarter. Cyndeo Wealth Partners LLC grew its holdings in shares of BlackRock Multi-Sector Income Trust by 20.7% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 316,477 shares of the investment management company’s stock valued at $4,747,000 after acquiring an additional 54,342 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of BlackRock Multi-Sector Income Trust by 24.1% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 103,425 shares of the investment management company’s stock worth $1,497,000 after acquiring an additional 20,059 shares during the last quarter. Primoris Wealth Advisors LLC purchased a new stake in shares of BlackRock Multi-Sector Income Trust during the third quarter worth $174,000. Finally, International Assets Investment Management LLC acquired a new stake in BlackRock Multi-Sector Income Trust during the fourth quarter valued at $1,610,000.

BlackRock Multi-Sector Income Trust Stock Performance

Shares of NYSE BIT opened at $15.44 on Friday. BlackRock Multi-Sector Income Trust has a one year low of $13.65 and a one year high of $15.98. The business’s 50-day moving average price is $15.51 and its two-hundred day moving average price is $15.13.

BlackRock Multi-Sector Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be paid a $0.124 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $1.49 annualized dividend and a dividend yield of 9.64%.

About BlackRock Multi-Sector Income Trust

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.