BlackRock Income Trust, Inc. (NYSE:BKT) Shares Sold by Semus Wealth Partners LLC

Semus Wealth Partners LLC decreased its holdings in BlackRock Income Trust, Inc. (NYSE:BKT) by 19.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,099 shares of the company’s stock after selling 2,449 shares during the quarter. Semus Wealth Partners LLC’s holdings in BlackRock Income Trust were worth $116,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of BKT. Raymond James & Associates grew its position in BlackRock Income Trust by 4.8% in the 3rd quarter. Raymond James & Associates now owns 414,630 shares of the company’s stock valued at $5,154,000 after buying an additional 19,061 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of BlackRock Income Trust during the third quarter valued at approximately $13,380,000. Thrivent Financial for Lutherans lifted its position in BlackRock Income Trust by 34.3% in the third quarter. Thrivent Financial for Lutherans now owns 66,493 shares of the company’s stock worth $826,000 after purchasing an additional 17,000 shares during the period. Arkadios Wealth Advisors boosted its stake in BlackRock Income Trust by 4.2% during the 3rd quarter. Arkadios Wealth Advisors now owns 43,779 shares of the company’s stock valued at $544,000 after purchasing an additional 1,780 shares in the last quarter. Finally, Fortitude Advisory Group L.L.C. increased its position in shares of BlackRock Income Trust by 7.1% during the 4th quarter. Fortitude Advisory Group L.L.C. now owns 24,457 shares of the company’s stock valued at $282,000 after purchasing an additional 1,617 shares during the period. 39.43% of the stock is owned by institutional investors and hedge funds.

BlackRock Income Trust Stock Performance

Shares of BlackRock Income Trust stock opened at $11.65 on Wednesday. The business has a fifty day simple moving average of $11.61 and a 200-day simple moving average of $12.00. BlackRock Income Trust, Inc. has a fifty-two week low of $11.06 and a fifty-two week high of $12.67.

BlackRock Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.0882 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 9.08%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Income Trust Company 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.