Cetera Investment Advisers Purchases 30,156 Shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Cetera Investment Advisers lifted its position in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 193.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,758 shares of the company’s stock after purchasing an additional 30,156 shares during the quarter. Cetera Investment Advisers’ holdings in BlackRock Science and Technology Term Trust were worth $812,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Ameriprise Financial Inc. boosted its position in shares of BlackRock Science and Technology Term Trust by 4.4% during the fourth quarter. Ameriprise Financial Inc. now owns 12,444 shares of the company’s stock valued at $258,000 after purchasing an additional 528 shares in the last quarter. Focus Financial Network Inc. boosted its position in shares of BlackRock Science and Technology Term Trust by 6.8% during the first quarter. Focus Financial Network Inc. now owns 15,799 shares of the company’s stock valued at $280,000 after purchasing an additional 1,006 shares in the last quarter. Elequin Capital LP bought a new stake in shares of BlackRock Science and Technology Term Trust during the fourth quarter valued at approximately $33,000. Ameriflex Group Inc. purchased a new position in BlackRock Science and Technology Term Trust during the fourth quarter valued at $47,000. Finally, Jane Street Group LLC raised its stake in BlackRock Science and Technology Term Trust by 18.3% during the fourth quarter. Jane Street Group LLC now owns 15,112 shares of the company’s stock valued at $313,000 after buying an additional 2,342 shares during the last quarter.

BlackRock Science and Technology Term Trust Trading Down 0.2%

Shares of NASDAQ:BSTZ opened at $21.85 on Thursday. The stock has a fifty day simple moving average of $20.61 and a two-hundred day simple moving average of $19.57. BlackRock Science and Technology Term Trust has a 12-month low of $15.22 and a 12-month high of $22.28.

BlackRock Science and Technology Term Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.2165 per share. The ex-dividend date is Friday, August 15th. This represents a c) dividend on an annualized basis and a yield of 11.9%.

BlackRock Science and Technology Term Trust Profile

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.