Trilogy Capital Inc. Acquires 58,283 Shares of BlackRock California Municipal Income Trust $BFZ

Trilogy Capital Inc. raised its stake in shares of BlackRock California Municipal Income Trust (NYSE:BFZ) by 42.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 196,619 shares of the company’s stock after acquiring an additional 58,283 shares during the period. Trilogy Capital Inc.’s holdings in BlackRock California Municipal Income Trust were worth $2,153,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC purchased a new position in shares of BlackRock California Municipal Income Trust during the second quarter valued at approximately $124,000. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in BlackRock California Municipal Income Trust in the 2nd quarter worth approximately $129,000. Jane Street Group LLC purchased a new stake in BlackRock California Municipal Income Trust during the 2nd quarter valued at $203,000. Global Retirement Partners LLC purchased a new stake in BlackRock California Municipal Income Trust during the 2nd quarter valued at $209,000. Finally, Arlington Financial Advisors LLC bought a new position in shares of BlackRock California Municipal Income Trust during the 3rd quarter valued at $219,000.

BlackRock California Municipal Income Trust Stock Up 0.2%

Shares of BFZ opened at $10.92 on Monday. BlackRock California Municipal Income Trust has a one year low of $10.17 and a one year high of $11.50. The business has a fifty day moving average of $10.87 and a 200 day moving average of $10.77.

BlackRock California Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 6th will be given a dividend of $0.0507 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a c) annualized dividend and a dividend yield of 5.6%.

BlackRock California Municipal Income Trust Company Profile

BlackRock California Municipal Income Trust (NYSE: BFZ) is a diversified, closed-end management investment company that seeks to provide high current income exempt from federal and California state income taxes. Launched and managed by BlackRock Advisors, LLC, the fund primarily invests in a portfolio of investment-grade municipal obligations issued by California state and local governments. Its holdings include general obligation bonds, revenue bonds and other limited-obligation securities that finance infrastructure and public services across the state.

The fund’s investment objective emphasizes tax-exempt income through active portfolio management.