BlackRock Science and Technology Trust (NYSE:BST) Portfolio Manager Tony Kim Purchases 10,264 Shares of Stock

BlackRock Science and Technology Trust (NYSE:BST) Portfolio Manager Tony Kim bought 10,264 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average cost of $38.78 per share, with a total value of $398,037.92. Following the transaction, the portfolio manager now directly owns 41,514 shares of the company’s stock, valued at approximately $1,609,912.92. This trade represents a 32.84 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

BlackRock Science and Technology Trust Stock Down 1.9 %

Shares of NYSE BST opened at $37.99 on Friday. BlackRock Science and Technology Trust has a 1-year low of $31.38 and a 1-year high of $39.59. The business has a 50-day moving average of $37.60 and a 200-day moving average of $36.41.

BlackRock Science and Technology Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.25 dividend. This represents a $3.00 annualized dividend and a dividend yield of 7.90%. The ex-dividend date of this dividend is Friday, February 14th.

Institutional Investors Weigh In On BlackRock Science and Technology Trust

Institutional investors and hedge funds have recently modified their holdings of the stock. Focus Financial Network Inc. lifted its stake in shares of BlackRock Science and Technology Trust by 3.0% in the third quarter. Focus Financial Network Inc. now owns 12,688 shares of the company’s stock worth $450,000 after acquiring an additional 365 shares in the last quarter. Kingsview Wealth Management LLC raised its stake in BlackRock Science and Technology Trust by 3.3% during the third quarter. Kingsview Wealth Management LLC now owns 25,039 shares of the company’s stock valued at $887,000 after buying an additional 795 shares in the last quarter. D.A. Davidson & CO. raised its stake in BlackRock Science and Technology Trust by 10.8% during the third quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock valued at $296,000 after buying an additional 814 shares in the last quarter. Hilltop Holdings Inc. raised its stake in BlackRock Science and Technology Trust by 6.8% during the third quarter. Hilltop Holdings Inc. now owns 13,216 shares of the company’s stock valued at $468,000 after buying an additional 843 shares in the last quarter. Finally, HighTower Advisors LLC raised its stake in BlackRock Science and Technology Trust by 3.4% during the third quarter. HighTower Advisors LLC now owns 31,058 shares of the company’s stock valued at $1,098,000 after buying an additional 1,031 shares in the last quarter.

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.