BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Shares Sold by Tidal Investments LLC

Tidal Investments LLC lowered its holdings in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 50.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,213 shares of the company’s stock after selling 13,213 shares during the period. Tidal Investments LLC’s holdings in BlackRock Innovation and Growth Term Trust were worth $100,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. J.W. Cole Advisors Inc. bought a new stake in shares of BlackRock Innovation and Growth Term Trust in the 2nd quarter worth approximately $75,000. PFG Investments LLC lifted its stake in BlackRock Innovation and Growth Term Trust by 75.1% in the second quarter. PFG Investments LLC now owns 23,538 shares of the company’s stock valued at $170,000 after buying an additional 10,099 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of BlackRock Innovation and Growth Term Trust during the third quarter valued at $191,000. Garden State Investment Advisory Services LLC bought a new position in shares of BlackRock Innovation and Growth Term Trust during the third quarter worth about $245,000. Finally, Captrust Financial Advisors increased its holdings in shares of BlackRock Innovation and Growth Term Trust by 4.8% in the 3rd quarter. Captrust Financial Advisors now owns 32,800 shares of the company’s stock worth $248,000 after acquiring an additional 1,500 shares during the period.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. acquired 19,386 shares of BlackRock Innovation and Growth Term Trust stock in a transaction that occurred on Monday, September 30th. The stock was acquired at an average price of $7.57 per share, with a total value of $146,752.02. Following the completion of the acquisition, the insider now directly owns 55,794,604 shares of the company’s stock, valued at $422,365,152.28. This trade represents a 0.03 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders acquired 2,351,375 shares of company stock valued at $18,340,491 in the last three months.

BlackRock Innovation and Growth Term Trust Price Performance

BlackRock Innovation and Growth Term Trust stock opened at $7.64 on Thursday. BlackRock Innovation and Growth Term Trust has a 52-week low of $6.66 and a 52-week high of $8.25. The firm has a 50-day moving average price of $7.73 and a two-hundred day moving average price of $7.49.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 16th were given a dividend of $0.0868 per share. The ex-dividend date was Monday, December 16th. This represents a $1.04 annualized dividend and a dividend yield of 13.63%.

BlackRock Innovation and Growth Term Trust Company Profile

BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.