14,948 Shares in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. purchased a new position in BlackRock Innovation and Growth Term Trust (NYSE:BIGZFree Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 14,948 shares of the company’s stock, valued at approximately $110,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kestra Advisory Services LLC increased its holdings in shares of BlackRock Innovation and Growth Term Trust by 17.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 13,533 shares of the company’s stock valued at $94,000 after purchasing an additional 2,005 shares in the last quarter. Chapin Davis Inc. increased its holdings in BlackRock Innovation and Growth Term Trust by 2.8% in the 4th quarter. Chapin Davis Inc. now owns 85,885 shares of the company’s stock worth $630,000 after acquiring an additional 2,300 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in BlackRock Innovation and Growth Term Trust in the 3rd quarter worth $27,000. 1607 Capital Partners LLC increased its holdings in BlackRock Innovation and Growth Term Trust by 0.7% in the 3rd quarter. 1607 Capital Partners LLC now owns 775,844 shares of the company’s stock worth $5,400,000 after acquiring an additional 5,500 shares in the last quarter. Finally, NewEdge Wealth LLC increased its holdings in BlackRock Innovation and Growth Term Trust by 6.7% in the 3rd quarter. NewEdge Wealth LLC now owns 96,377 shares of the company’s stock worth $671,000 after acquiring an additional 6,013 shares in the last quarter.

Insider Transactions at BlackRock Innovation and Growth Term Trust

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. bought 139,326 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was acquired at an average price of $8.10 per share, with a total value of $1,128,540.60. Following the completion of the acquisition, the insider now directly owns 52,103,294 shares of the company’s stock, valued at $422,036,681.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders acquired 836,894 shares of company stock valued at $6,676,175 over the last 90 days.

BlackRock Innovation and Growth Term Trust Stock Up 1.2 %

BlackRock Innovation and Growth Term Trust stock opened at $7.46 on Friday. BlackRock Innovation and Growth Term Trust has a 52-week low of $6.21 and a 52-week high of $8.35. The company has a fifty day simple moving average of $7.50 and a 200-day simple moving average of $7.56.

BlackRock Innovation and Growth Term Trust Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a dividend of $0.0889 per share. This is a positive change from BlackRock Innovation and Growth Term Trust’s previous monthly dividend of $0.04. The ex-dividend date is Friday, June 14th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 14.30%.

About BlackRock Innovation and Growth Term Trust

(Free Report)

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.

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Institutional Ownership by Quarter for BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

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