Comerica Bank Purchases 517 Shares of BlackRock Health Sciences Trust (NYSE:BME)

Comerica Bank increased its position in shares of BlackRock Health Sciences Trust (NYSE:BME) by 13.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,454 shares of the company’s stock after buying an additional 517 shares during the period. Comerica Bank’s holdings in BlackRock Health Sciences Trust were worth $169,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Invesco Ltd. raised its stake in BlackRock Health Sciences Trust by 8.9% during the fourth quarter. Invesco Ltd. now owns 223,316 shares of the company’s stock worth $8,470,000 after buying an additional 18,213 shares during the last quarter. Wolverine Asset Management LLC grew its holdings in BlackRock Health Sciences Trust by 29.1% in the fourth quarter. Wolverine Asset Management LLC now owns 110,493 shares of the company’s stock worth $4,191,000 after purchasing an additional 24,928 shares during the period. Raymond James Financial Inc. acquired a new stake in BlackRock Health Sciences Trust in the fourth quarter worth $3,250,000. Janney Montgomery Scott LLC grew its holdings in BlackRock Health Sciences Trust by 40.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 32,787 shares of the company’s stock worth $1,244,000 after purchasing an additional 9,455 shares during the period. Finally, AlphaStar Capital Management LLC acquired a new stake in BlackRock Health Sciences Trust in the fourth quarter worth $878,000.

BlackRock Health Sciences Trust Stock Performance

NYSE:BME opened at $35.88 on Friday. The firm has a fifty day simple moving average of $37.06 and a two-hundred day simple moving average of $38.68. BlackRock Health Sciences Trust has a 12 month low of $34.18 and a 12 month high of $42.64.

BlackRock Health Sciences Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be issued a $0.2621 dividend. This represents a $3.15 dividend on an annualized basis and a yield of 8.77%. The ex-dividend date of this dividend is Thursday, May 15th.

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.