HighTower Advisors LLC Grows Stake in BlackRock Science and Technology Term Trust $BSTZ

Posted by Defense World Staff on Aug 26th, 2025

HighTower Advisors LLC raised its stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ – Free Report) by 21.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,712 shares of the company’s stock after purchasing an additional 12,508 shares during the quarter. HighTower Advisors LLC’s holdings in BlackRock Science and Technology Term Trust were worth $1,254,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in BSTZ. Elequin Capital LP purchased a new position in BlackRock Science and Technology Term Trust in the fourth quarter valued at about $33,000. Ameriflex Group Inc. purchased a new position in BlackRock Science and Technology Term Trust in the fourth quarter valued at about $47,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in BlackRock Science and Technology Term Trust in the first quarter valued at about $111,000. Virtu Financial LLC purchased a new position in BlackRock Science and Technology Term Trust in the first quarter valued at about $201,000. Finally, Ameriprise Financial Inc. raised its position in BlackRock Science and Technology Term Trust by 4.4% in 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 during the period.

BlackRock Science and Technology Term Trust Price Performance

NASDAQ:BSTZ opened at $21.4850 on Tuesday. The business’s 50-day moving average is $20.85 and its two-hundred day moving average is $19.54. 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 given a $0.2165 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) annualized dividend and a yield of 12.1%.

About BlackRock Science and Technology Term Trust

(Free Report)

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.