PNC Financial Services Group Inc. Sells 657 Shares of BlackRock Science and Technology Trust (NYSE:BST)

PNC Financial Services Group Inc. lessened its stake in BlackRock Science and Technology Trust (NYSE:BST) by 5.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,789 shares of the company’s stock after selling 657 shares during the quarter. PNC Financial Services Group Inc.’s holdings in BlackRock Science and Technology Trust were worth $389,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of BST. Invesco Ltd. raised its holdings in shares of BlackRock Science and Technology Trust by 4.7% in the 4th quarter. Invesco Ltd. now owns 516,229 shares of the company’s stock worth $18,873,000 after purchasing an additional 23,244 shares during the period. Raymond James Financial Inc. purchased a new position in BlackRock Science and Technology Trust in the 4th quarter valued at approximately $36,425,000. Rockefeller Capital Management L.P. purchased a new position in BlackRock Science and Technology Trust in the 4th quarter valued at approximately $366,000. Ameriprise Financial Inc. grew its stake in BlackRock Science and Technology Trust by 1.1% in the 4th quarter. Ameriprise Financial Inc. now owns 471,949 shares of the company’s stock valued at $17,254,000 after buying an additional 5,334 shares in the last quarter. Finally, Polar Asset Management Partners Inc. grew its stake in BlackRock Science and Technology Trust by 100.7% in the 4th quarter. Polar Asset Management Partners Inc. now owns 28,696 shares of the company’s stock valued at $1,049,000 after buying an additional 14,396 shares in the last quarter.

BlackRock Science and Technology Trust Trading Up 0.2%

BlackRock Science and Technology Trust stock opened at $39.84 on Friday. BlackRock Science and Technology Trust has a 1-year low of $27.87 and a 1-year high of $40.21. The firm has a 50 day simple moving average of $38.32 and a 200 day simple moving average of $36.16.

BlackRock Science and Technology Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be paid a $0.25 dividend. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date is Friday, August 15th.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.