BlackRock Science and Technology Trust (NYSE:BST) Portfolio Manager Tony Kim Acquires 23,645 Shares of Stock

BlackRock Science and Technology Trust (NYSE:BST) Portfolio Manager Tony Kim purchased 23,645 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was acquired at an average cost of $38.90 per share, for a total transaction of $919,790.50. Following the completion of the purchase, the portfolio manager owned 81,159 shares in the company, valued at $3,157,085.10. The trade was a 41.11% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Tony Kim also recently made the following trade(s):

• On Friday, January 23rd, Tony Kim acquired 16,000 shares of BlackRock Science and Technology Trust stock. The shares were bought at an average cost of $40.70 per share, with a total value of $651,200.00.

BlackRock Science and Technology Trust Trading Up 2.3%

Shares of BST stock opened at $40.47 on Tuesday. The firm’s 50-day simple moving average is $40.54 and its 200-day simple moving average is $40.56. BlackRock Science and Technology Trust has a 1-year low of $27.87 and a 1-year high of $44.50.

BlackRock Science and Technology Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a $0.25 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Friday, March 13th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Jones Financial Companies Lllp acquired a new stake in BlackRock Science and Technology Trust during the third quarter worth about $26,000. Guerra Advisors Inc purchased a new stake in shares of BlackRock Science and Technology Trust during the 3rd quarter worth about $39,000. AdvisorNet Financial Inc increased its position in BlackRock Science and Technology Trust by 48.6% during the 3rd quarter. AdvisorNet Financial Inc now owns 2,025 shares of the company’s stock worth $84,000 after purchasing an additional 662 shares in the last quarter. Advisory Services Network LLC purchased a new position in BlackRock Science and Technology Trust in the third quarter valued at approximately $121,000. Finally, JPMorgan Chase & Co. raised its holdings in BlackRock Science and Technology Trust by 36.6% in the second quarter. JPMorgan Chase & Co. now owns 3,859 shares of the company’s stock valued at $147,000 after buying an additional 1,033 shares during the period.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust (NYSE: BST) is a closed-end management investment company that concentrates its investments in the equity securities of companies engaged in science and technology industries. Established in December 2018, the trust seeks to provide shareholders with total return through a combination of capital appreciation and current income. BST primarily targets firms involved in information technology, biotechnology, clean energy, advanced manufacturing, and other technology-driven sectors.

The trust’s investment strategy is rooted in fundamental, bottom-up analysis carried out by a dedicated team of research professionals at BlackRock.