PFG Investments LLC Reduces Holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

PFG Investments LLC lowered its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 3.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,965 shares of the company’s stock after selling 1,284 shares during the quarter. PFG Investments LLC’s holdings in BlackRock Science and Technology Term Trust were worth $691,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its stake in shares of BlackRock Science and Technology Term Trust by 1,545.9% during the 3rd quarter. International Assets Investment Management LLC now owns 210,917 shares of the company’s stock valued at $40,500,000 after buying an additional 198,102 shares during the last quarter. UMB Bank n.a. bought a new stake in shares of BlackRock Science and Technology Term Trust in the third quarter worth $55,000. Mather Group LLC. acquired a new stake in BlackRock Science and Technology Term Trust in the third quarter valued at $230,000. Sanctuary Advisors LLC bought a new position in BlackRock Science and Technology Term Trust during the 2nd quarter valued at $2,504,000. Finally, Truist Financial Corp grew its holdings in BlackRock Science and Technology Term Trust by 0.9% during the 2nd quarter. Truist Financial Corp now owns 56,976 shares of the company’s stock worth $1,134,000 after acquiring an additional 531 shares in the last quarter.

BlackRock Science and Technology Term Trust Stock Performance

Shares of BlackRock Science and Technology Term Trust stock opened at $20.08 on Tuesday. BlackRock Science and Technology Term Trust has a 1 year low of $14.20 and a 1 year high of $20.95. The firm’s 50-day simple moving average is $19.15 and its 200-day simple moving average is $19.02.

BlackRock Science and Technology Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be issued a dividend of $0.214 per share. This represents a $2.57 dividend on an annualized basis and a yield of 12.79%. The ex-dividend date is Tuesday, October 15th.

BlackRock Science and Technology Term Trust 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.