BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Shares Bought by Truist Financial Corp

Truist Financial Corp lifted its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 0.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,976 shares of the company’s stock after acquiring an additional 531 shares during the quarter. Truist Financial Corp’s holdings in BlackRock Science and Technology Term Trust were worth $1,134,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Quarry LP acquired a new position in BlackRock Science and Technology Term Trust during the 2nd quarter valued at approximately $86,000. Wedbush Securities Inc. boosted its position in BlackRock Science and Technology Term Trust by 13.3% during the 2nd quarter. Wedbush Securities Inc. now owns 683,666 shares of the company’s stock valued at $13,612,000 after purchasing an additional 80,260 shares during the period. Blue Bell Private Wealth Management LLC boosted its position in BlackRock Science and Technology Term Trust by 23.2% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 158,947 shares of the company’s stock valued at $3,165,000 after purchasing an additional 29,880 shares during the period. Wolverine Asset Management LLC acquired a new position in BlackRock Science and Technology Term Trust during the 2nd quarter valued at approximately $32,000. Finally, Skyline Advisors Inc. boosted its position in BlackRock Science and Technology Term Trust by 0.9% during the 2nd quarter. Skyline Advisors Inc. now owns 86,968 shares of the company’s stock valued at $1,732,000 after purchasing an additional 765 shares during the period.

BlackRock Science and Technology Term Trust Stock Performance

NASDAQ:BSTZ opened at $19.36 on Monday. The business has a 50 day simple moving average of $18.88 and a 200 day simple moving average of $18.97. BlackRock Science and Technology Term Trust has a 12-month low of $14.11 and a 12-month high of $20.95.

BlackRock Science and Technology Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a dividend of $0.214 per share. This represents a $2.57 annualized dividend and a yield of 13.27%. The ex-dividend date is Tuesday, October 15th.

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.