City of London Investment Management Co. Ltd. Trims Holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

City of London Investment Management Co. Ltd. decreased its stake in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 17.1% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 186,268 shares of the company’s stock after selling 38,474 shares during the period. City of London Investment Management Co. Ltd.’s holdings in BlackRock Science and Technology Term Trust were worth $3,709,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BSTZ. Wolverine Asset Management LLC purchased a new position in BlackRock Science and Technology Term Trust during the second quarter worth about $32,000. Bessemer Group Inc. increased its position in shares of BlackRock Science and Technology Term Trust by 71.3% in the first quarter. Bessemer Group Inc. now owns 2,223 shares of the company’s stock worth $43,000 after purchasing an additional 925 shares during the last quarter. Register Financial Advisors LLC purchased a new stake in BlackRock Science and Technology Term Trust in the first quarter valued at approximately $131,000. Focus Financial Network Inc. ADV purchased a new stake in BlackRock Science and Technology Term Trust in the fourth quarter valued at approximately $234,000. Finally, B. Riley Wealth Advisors Inc. lifted its position in BlackRock Science and Technology Term Trust by 21.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 15,594 shares of the company’s stock valued at $303,000 after purchasing an additional 2,752 shares during the last quarter.

BlackRock Science and Technology Term Trust Stock Up 1.0 %

NASDAQ BSTZ opened at $18.91 on Monday. BlackRock Science and Technology Term Trust has a 52-week low of $14.11 and a 52-week high of $20.95. The company has a fifty day moving average of $19.03 and a 200-day moving average of $18.94.

BlackRock Science and Technology Term Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a dividend of $0.214 per share. 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.