BlackRock Science and Technology Trust (NYSE:BST) Shares Sold by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd reduced its position in shares of BlackRock Science and Technology Trust (NYSE:BST) by 88.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,972 shares of the company’s stock after selling 106,028 shares during the period. NINE MASTS CAPITAL Ltd’s holdings in BlackRock Science and Technology Trust were worth $511,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of BlackRock Science and Technology Trust in the 3rd quarter valued at approximately $76,000. World Investment Advisors LLC purchased a new position in BlackRock Science and Technology Trust in the third quarter worth approximately $208,000. Landscape Capital Management L.L.C. acquired a new stake in BlackRock Science and Technology Trust during the third quarter worth $222,000. Arkadios Wealth Advisors acquired a new stake in BlackRock Science and Technology Trust during the fourth quarter worth $244,000. Finally, D.A. Davidson & CO. raised its position in BlackRock Science and Technology Trust by 10.8% in the third quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock valued at $296,000 after purchasing an additional 814 shares during the period.

BlackRock Science and Technology Trust Trading Up 1.2 %

NYSE BST opened at $36.50 on Monday. The stock has a fifty day simple moving average of $37.58 and a 200-day simple moving average of $36.52. BlackRock Science and Technology Trust has a twelve month low of $31.38 and a twelve month high of $39.59.

BlackRock Science and Technology Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.25 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 8.22%. The ex-dividend date of this dividend was Friday, February 14th.

Insider Buying and Selling at BlackRock Science and Technology Trust

In other news, Portfolio Manager Tony Kim purchased 10,264 shares of the firm’s stock in a transaction on Thursday, February 20th. The shares were bought at an average cost of $38.78 per share, for a total transaction of $398,037.92. Following the completion of the purchase, 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

BlackRock Science and Technology Trust Company Profile

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.