Truist Financial Corp Buys 2,424 Shares of BlackRock Science and Technology Trust $BST

Truist Financial Corp grew its stake in shares of BlackRock Science and Technology Trust (NYSE:BST) by 8.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,373 shares of the company’s stock after buying an additional 2,424 shares during the period. Truist Financial Corp’s holdings in BlackRock Science and Technology Trust were worth $1,236,000 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 added to or reduced their stakes in BST. Cornerstone Advisors LLC bought a new position in BlackRock Science and Technology Trust during the 1st quarter worth approximately $2,779,000. J.W. Cole Advisors Inc. bought a new position in BlackRock Science and Technology Trust during the 1st quarter worth approximately $944,000. Raymond James Financial Inc. boosted its position in shares of BlackRock Science and Technology Trust by 2.5% during the first quarter. Raymond James Financial Inc. now owns 1,021,574 shares of the company’s stock worth $33,702,000 after purchasing an additional 25,260 shares in the last quarter. SFG Wealth Management LLC. bought a new position in shares of BlackRock Science and Technology Trust during the first quarter worth $678,000. Finally, Virtu Financial LLC bought a new position in shares of BlackRock Science and Technology Trust during the first quarter worth $585,000.

BlackRock Science and Technology Trust Price Performance

Shares of NYSE BST opened at $41.52 on Monday. The company’s fifty day moving average is $40.29 and its 200-day moving average is $37.34. BlackRock Science and Technology Trust has a twelve month low of $27.87 and a twelve month high of $42.78.

BlackRock Science and Technology Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be issued a dividend of $0.25 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 7.2%.

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.