Janney Montgomery Scott LLC Raises Holdings in BlackRock Science and Technology Term Trust $BSTZ

Janney Montgomery Scott LLC raised its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 6.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 49,271 shares of the company’s stock after purchasing an additional 3,135 shares during the period. Janney Montgomery Scott LLC’s holdings in BlackRock Science and Technology Term Trust were worth $1,022,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Armstrong Advisory Group Inc. increased its position in BlackRock Science and Technology Term Trust by 163.5% during the second quarter. Armstrong Advisory Group Inc. now owns 1,465 shares of the company’s stock worth $30,000 after buying an additional 909 shares in the last quarter. AdvisorNet Financial Inc increased its position in BlackRock Science and Technology Term Trust by 89.9% during the second quarter. AdvisorNet Financial Inc now owns 2,527 shares of the company’s stock worth $52,000 after buying an additional 1,196 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in BlackRock Science and Technology Term Trust during the first quarter worth $40,000. Atria Wealth Solutions Inc. increased its position in BlackRock Science and Technology Term Trust by 18.9% during the first quarter. Atria Wealth Solutions Inc. now owns 18,433 shares of the company’s stock worth $327,000 after buying an additional 2,933 shares in the last quarter. Finally, Focus Financial Network Inc. increased its position in BlackRock Science and Technology Term Trust by 19.5% during the second quarter. Focus Financial Network Inc. now owns 18,884 shares of the company’s stock worth $392,000 after buying an additional 3,085 shares in the last quarter.

BlackRock Science and Technology Term Trust Price Performance

BlackRock Science and Technology Term Trust stock opened at $22.38 on Tuesday. The stock has a fifty day moving average of $22.01 and a two-hundred day moving average of $20.15. BlackRock Science and Technology Term Trust has a fifty-two week low of $15.22 and a fifty-two week high of $23.12.

BlackRock Science and Technology Term Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be given a dividend of $0.1625 per share. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 8.7%.

BlackRock Science and Technology Term Trust Company 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.