Ameriprise Financial Inc. Acquires 8,622 Shares of BlackRock Health Sciences Trust (NYSE:BME)

Ameriprise Financial Inc. grew its holdings in BlackRock Health Sciences Trust (NYSE:BME) by 5.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 172,829 shares of the company’s stock after acquiring an additional 8,622 shares during the quarter. Ameriprise Financial Inc.’s holdings in BlackRock Health Sciences Trust were worth $6,554,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BME. Raymond James Financial Inc. acquired a new position in BlackRock Health Sciences Trust in the fourth quarter valued at about $3,250,000. Janney Montgomery Scott LLC raised its stake 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 valued at $1,244,000 after purchasing an additional 9,455 shares in the last quarter. Comerica Bank raised its stake in BlackRock Health Sciences Trust by 13.1% in the fourth quarter. Comerica Bank now owns 4,454 shares of the company’s stock valued at $169,000 after purchasing an additional 517 shares in the last quarter. First Trust Advisors LP raised its stake in BlackRock Health Sciences Trust by 6.1% in the fourth quarter. First Trust Advisors LP now owns 6,856 shares of the company’s stock valued at $260,000 after purchasing an additional 393 shares in the last quarter. Finally, Invesco Ltd. raised its stake in BlackRock Health Sciences Trust by 8.9% in the fourth quarter. Invesco Ltd. now owns 223,316 shares of the company’s stock valued at $8,470,000 after purchasing an additional 18,213 shares in the last quarter.

BlackRock Health Sciences Trust Stock Down 0.7%

BME stock opened at $35.50 on Friday. The business has a 50-day simple moving average of $36.85 and a 200 day simple moving average of $38.58. BlackRock Health Sciences Trust has a 52 week low of $34.18 and a 52 week 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. Investors of record on Thursday, May 15th will be paid a $0.2621 dividend. This represents a $3.15 dividend on an annualized basis and a yield of 8.86%. The ex-dividend date of this dividend is Thursday, May 15th.

About BlackRock Health Sciences Trust

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.