Claro Advisors LLC Cuts Holdings in BlackRock Science and Technology Trust (NYSE:BST)

Claro Advisors LLC lowered its stake in BlackRock Science and Technology Trust (NYSE:BST) by 21.4% during the third quarter, Holdings Channel.com reports. The firm owned 10,953 shares of the company’s stock after selling 2,982 shares during the quarter. Claro Advisors LLC’s holdings in BlackRock Science and Technology Trust were worth $388,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Oppenheimer & Co. Inc. raised its holdings in BlackRock Science and Technology Trust by 5.5% in the third quarter. Oppenheimer & Co. Inc. now owns 39,712 shares of the company’s stock valued at $1,407,000 after acquiring an additional 2,064 shares in the last quarter. Wolverine Asset Management LLC raised its holdings in shares of BlackRock Science and Technology Trust by 100.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 141,218 shares of the company’s stock valued at $5,005,000 after purchasing an additional 70,885 shares in the last quarter. Shaker Financial Services LLC lifted its position in shares of BlackRock Science and Technology Trust by 77.8% during the 3rd quarter. Shaker Financial Services LLC now owns 46,823 shares of the company’s stock worth $1,659,000 after purchasing an additional 20,491 shares during the last quarter. David J Yvars Group acquired a new position in shares of BlackRock Science and Technology Trust during the third quarter worth $820,000. Finally, Focus Financial Network Inc. boosted its position in shares of BlackRock Science and Technology Trust by 3.0% during the 3rd 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.

BlackRock Science and Technology Trust Trading Up 1.4 %

Shares of BlackRock Science and Technology Trust stock opened at $36.22 on Tuesday. The firm’s 50 day moving average is $35.86 and its two-hundred day moving average is $36.03. BlackRock Science and Technology Trust has a 52 week low of $31.38 and a 52 week high of $39.01.

BlackRock Science and Technology Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.25 per share. This represents a $3.00 annualized dividend and a dividend yield of 8.28%. The ex-dividend date of this dividend is Friday, November 15th.

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.