21,910 Shares in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Purchased by Absolute Investment Advisers LLC

Absolute Investment Advisers LLC acquired a new position in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,910 shares of the company’s stock, valued at approximately $454,000.

Several other hedge funds have also bought and sold shares of BSTZ. Penserra Capital Management LLC bought a new position in shares of BlackRock Science and Technology Term Trust during the third quarter valued at $14,485,000. International Assets Investment Management LLC increased its stake in 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 purchasing an additional 198,102 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in BlackRock Science and Technology Term Trust by 22.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 142,567 shares of the company’s stock valued at $2,737,000 after purchasing an additional 25,737 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in BlackRock Science and Technology Term Trust in the second quarter worth about $2,504,000. Finally, Truist Financial Corp lifted its stake in shares of BlackRock Science and Technology Term Trust by 0.9% in the second quarter. Truist Financial Corp now owns 56,976 shares of the company’s stock worth $1,134,000 after buying an additional 531 shares in the last quarter.

BlackRock Science and Technology Term Trust Price Performance

Shares of BSTZ opened at $21.19 on Monday. BlackRock Science and Technology Term Trust has a twelve month low of $16.50 and a twelve month high of $22.28. The firm has a 50 day moving average of $21.43 and a 200 day moving average of $20.08.

BlackRock Science and Technology Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a $0.2199 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 12.45%. The ex-dividend date of this dividend was Wednesday, January 15th.

About BlackRock Science and Technology Term Trust

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.