BlackRock Science and Technology Term Trust $BSTZ Stock Bought by Wedbush Securities Inc.

Wedbush Securities Inc. boosted its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 44.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,236,826 shares of the company’s stock after purchasing an additional 380,648 shares during the period. BlackRock Science and Technology Term Trust comprises 0.9% of Wedbush Securities Inc.’s investment portfolio, making the stock its 14th biggest position. Wedbush Securities Inc.’s holdings in BlackRock Science and Technology Term Trust were worth $36,387,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of BlackRock Science and Technology Term Trust during the 3rd quarter worth $57,000. PMG Family Office LLC grew its stake in BlackRock Science and Technology Term Trust by 1.1% in the 3rd quarter. PMG Family Office LLC now owns 58,427 shares of the company’s stock valued at $1,719,000 after acquiring an additional 628 shares during the last quarter. Focus Financial Network Inc. grew its stake in BlackRock Science and Technology Term Trust by 5.1% in the 3rd quarter. Focus Financial Network Inc. now owns 25,181 shares of the company’s stock valued at $741,000 after acquiring an additional 1,221 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in BlackRock Science and Technology Term Trust by 700.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,556 shares of the company’s stock valued at $105,000 after acquiring an additional 3,112 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in BlackRock Science and Technology Term Trust during the 2nd quarter valued at about $73,000.

BlackRock Science and Technology Term Trust Stock Performance

BSTZ traded down $0.11 during midday trading on Friday, reaching $26.75. 129,188 shares of the company’s stock were exchanged, compared to its average volume of 218,066. The business’s 50-day moving average price is $29.86 and its 200 day moving average price is $28.86. BlackRock Science and Technology Term Trust has a 1-year low of $20.69 and a 1-year high of $31.89.

BlackRock Science and Technology Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be given a $0.1625 dividend. The ex-dividend date is Friday, December 11th. This represents a $1.95 annualized dividend and a dividend yield of 7.3%.

BlackRock Science and Technology Term Trust Profile

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) is a closed-end management investment company advised by BlackRock Advisors, LLC. The fund seeks to provide total return through a combination of current income and capital appreciation by investing primarily in equity and debt securities issued by companies operating in the science and technology sectors.

BSTZ may invest across a broad range of technology-related industries, including software, semiconductors, communications equipment, internet services, biotechnology and other technology-enabled businesses.