Comerica Bank Has $94,000 Stake in BlackRock Income Trust, Inc. (NYSE:BKT)

Comerica Bank grew its stake in BlackRock Income Trust, Inc. (NYSE:BKT) by 16.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,123 shares of the company’s stock after purchasing an additional 1,150 shares during the period. Comerica Bank’s holdings in BlackRock Income Trust were worth $94,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BKT. Virtus ETF Advisers LLC increased its holdings in BlackRock Income Trust by 26.0% in the fourth quarter. Virtus ETF Advisers LLC now owns 65,189 shares of the company’s stock valued at $751,000 after purchasing an additional 13,450 shares during the period. Guggenheim Capital LLC lifted its position in BlackRock Income Trust by 32.7% in the 4th quarter. Guggenheim Capital LLC now owns 789,229 shares of the company’s stock valued at $9,092,000 after acquiring an additional 194,603 shares in the last quarter. Invesco Ltd. lifted its position in BlackRock Income Trust by 19.7% in the 4th quarter. Invesco Ltd. now owns 212,649 shares of the company’s stock valued at $2,450,000 after acquiring an additional 34,937 shares in the last quarter. World Investment Advisors bought a new position in shares of BlackRock Income Trust in the fourth quarter valued at approximately $170,000. Finally, LPL Financial LLC raised its stake in shares of BlackRock Income Trust by 8.6% during the 4th quarter. LPL Financial LLC now owns 162,696 shares of the company’s stock worth $1,874,000 after purchasing an additional 12,848 shares during the period. Institutional investors own 39.43% of the company’s stock.

BlackRock Income Trust Stock Down 0.2%

NYSE BKT opened at $11.56 on Monday. BlackRock Income Trust, Inc. has a 52 week low of $11.25 and a 52 week high of $12.67. The firm’s 50-day simple moving average is $11.59 and its two-hundred day simple moving average is $11.67.

BlackRock Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be paid a $0.0882 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 9.16%. The ex-dividend date of this dividend is Thursday, May 15th.

About BlackRock Income Trust

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.