BlackRock Income Trust, Inc. (NYSE:BKT) Shares Sold by Courier Capital LLC

Courier Capital LLC decreased its holdings in shares of BlackRock Income Trust, Inc. (NYSE:BKT) by 45.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 53,636 shares of the company’s stock after selling 45,182 shares during the period. Courier Capital LLC owned about 0.25% of BlackRock Income Trust worth $618,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Choreo LLC acquired a new position in shares of BlackRock Income Trust in the 2nd quarter valued at about $233,000. Canal Capital Management LLC lifted its holdings in BlackRock Income Trust by 13.6% in the third quarter. Canal Capital Management LLC now owns 21,964 shares of the company’s stock worth $273,000 after acquiring an additional 2,632 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in BlackRock Income Trust by 4.2% in the third quarter. Arkadios Wealth Advisors now owns 43,779 shares of the company’s stock valued at $544,000 after acquiring an additional 1,780 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of BlackRock Income Trust by 34.3% during the third quarter. Thrivent Financial for Lutherans now owns 66,493 shares of the company’s stock valued at $826,000 after purchasing an additional 17,000 shares during the last quarter. Finally, Melfa Wealth Management Inc. raised its position in shares of BlackRock Income Trust by 1.3% during the 3rd quarter. Melfa Wealth Management Inc. now owns 374,393 shares of the company’s stock worth $4,654,000 after purchasing an additional 4,896 shares during the period. 39.43% of the stock is owned by institutional investors and hedge funds.

BlackRock Income Trust Stock Performance

NYSE:BKT opened at $11.35 on Tuesday. The business has a 50 day simple moving average of $11.75 and a 200 day simple moving average of $12.06. BlackRock Income Trust, Inc. has a 12-month low of $11.06 and a 12-month high of $12.67.

BlackRock Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.0882 per share. This represents a $1.06 annualized dividend and a dividend yield of 9.33%. The ex-dividend date is Wednesday, January 15th.

BlackRock Income Trust Profile

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.