Tony Kim Purchases 10,264 Shares of BlackRock Science and Technology Trust (NYSE:BST) Stock

BlackRock Science and Technology Trust (NYSE:BST) Portfolio Manager Tony Kim purchased 10,264 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was acquired at an average price of $38.78 per share, with a total value of $398,037.92. Following the purchase, the portfolio manager now owns 41,514 shares of the company’s stock, valued at approximately $1,609,912.92. This represents a 32.84 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

BlackRock Science and Technology Trust Trading Down 1.9 %

Shares of NYSE BST opened at $37.99 on Friday. BlackRock Science and Technology Trust has a 12-month low of $31.38 and a 12-month high of $39.59. The business’s fifty day simple moving average is $37.60 and its 200-day simple moving average is $36.42.

BlackRock Science and Technology Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.25 dividend. This represents a $3.00 annualized dividend and a dividend yield of 7.90%. The ex-dividend date of this dividend is Friday, February 14th.

Hedge Funds Weigh In On BlackRock Science and Technology Trust

Institutional investors and hedge funds have recently made changes to their positions in the stock. International Assets Investment Management LLC raised its holdings in BlackRock Science and Technology Trust by 3,329.8% in the third quarter. International Assets Investment Management LLC now owns 551,411 shares of the company’s stock valued at $195,420,000 after acquiring an additional 535,334 shares in the last quarter. Focus Financial Network Inc. increased its position in shares of BlackRock Science and Technology Trust by 3.0% in the 3rd quarter. Focus Financial Network Inc. now owns 12,688 shares of the company’s stock valued at $450,000 after purchasing an additional 365 shares during the last quarter. David J Yvars Group acquired a new stake in shares of BlackRock Science and Technology Trust in the 3rd quarter valued at $820,000. 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. Finally, Wolverine Asset Management LLC grew its stake in shares of BlackRock Science and Technology Trust by 100.8% during the third quarter. Wolverine Asset Management LLC now owns 141,218 shares of the company’s stock worth $5,005,000 after purchasing an additional 70,885 shares in the last quarter.

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.