Atria Wealth Solutions Inc. Has $335,000 Stake in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

Atria Wealth Solutions Inc. reduced its holdings in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 45,700 shares of the company’s stock after selling 3,200 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in BlackRock Innovation and Growth Term Trust were worth $335,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in BIGZ. Wolverine Asset Management LLC acquired a new position in shares of BlackRock Innovation and Growth Term Trust during the third quarter valued at about $27,000. OmniStar Financial Group Inc. acquired a new position in BlackRock Innovation and Growth Term Trust in the 3rd quarter valued at approximately $80,000. Kestra Advisory Services LLC lifted its position in shares of BlackRock Innovation and Growth Term Trust by 17.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 13,533 shares of the company’s stock worth $94,000 after acquiring an additional 2,005 shares during the period. Successful Portfolios LLC acquired a new stake in shares of BlackRock Innovation and Growth Term Trust during the 4th quarter worth approximately $108,000. Finally, Clear Street Markets LLC bought a new stake in shares of BlackRock Innovation and Growth Term Trust during the third quarter valued at approximately $169,000.

Insider Buying and Selling at BlackRock Innovation and Growth Term Trust

In related news, major shareholder Saba Capital Management, L.P. bought 486,478 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was acquired at an average cost of $8.07 per share, with a total value of $3,925,877.46. Following the acquisition, the insider now owns 48,990,643 shares in the company, valued at approximately $395,354,489.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders have purchased 2,546,552 shares of company stock valued at $20,546,847.

BlackRock Innovation and Growth Term Trust Price Performance

Shares of BIGZ stock opened at $7.37 on Wednesday. BlackRock Innovation and Growth Term Trust has a one year low of $6.21 and a one year high of $8.35. The stock has a fifty day moving average price of $7.70 and a 200 day moving average price of $7.45.

BlackRock Innovation and Growth Term Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.0444 per share. This represents a $0.53 dividend on an annualized basis and a yield of 7.24%. The ex-dividend date is Tuesday, May 14th.

About BlackRock Innovation and Growth Term Trust

BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.