Oppenheimer & Co. Inc. Grows Stock Holdings in BlackRock Science and Technology Trust (NYSE:BST)

Oppenheimer & Co. Inc. grew its holdings in shares of BlackRock Science and Technology Trust (NYSE:BST) by 15.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,648 shares of the company’s stock after buying an additional 5,026 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in BlackRock Science and Technology Trust were worth $1,418,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in BST. Principal Securities Inc. purchased a new position in shares of BlackRock Science and Technology Trust in the fourth quarter valued at $135,000. Janney Montgomery Scott LLC boosted its stake in shares of BlackRock Science and Technology Trust by 2.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 130,250 shares of the company’s stock valued at $4,384,000 after purchasing an additional 2,637 shares during the period. Wells Fargo & Company MN boosted its stake in shares of BlackRock Science and Technology Trust by 5.4% in the fourth quarter. Wells Fargo & Company MN now owns 482,202 shares of the company’s stock valued at $16,231,000 after purchasing an additional 24,732 shares during the period. Cape Investment Advisory Inc. purchased a new position in shares of BlackRock Science and Technology Trust in the fourth quarter valued at $286,000. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of BlackRock Science and Technology Trust by 6.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 158,287 shares of the company’s stock valued at $5,328,000 after purchasing an additional 9,640 shares during the period.

BlackRock Science and Technology Trust Stock Performance

Shares of BST stock opened at $34.25 on Wednesday. The firm has a fifty day simple moving average of $35.16 and a 200-day simple moving average of $35.97. BlackRock Science and Technology Trust has a twelve month low of $29.62 and a twelve month high of $39.01.

BlackRock Science and Technology Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $3.00 dividend on an annualized basis and a yield of 8.76%.

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.