BlackRock Health Sciences Term Trust (NYSE:BMEZ) Position Increased by Wolverine Asset Management LLC

Wolverine Asset Management LLC raised its holdings in shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 496.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 187,617 shares of the company’s stock after purchasing an additional 156,141 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock Health Sciences Term Trust were worth $2,702,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new position in shares of BlackRock Health Sciences Term Trust during the third quarter valued at $32,000. K2 Principal Fund L.P. acquired a new position in shares of BlackRock Health Sciences Term Trust during the third quarter valued at $158,000. Dakota Wealth Management boosted its holdings in shares of BlackRock Health Sciences Term Trust by 23.4% during the third quarter. Dakota Wealth Management now owns 22,509 shares of the company’s stock valued at $357,000 after acquiring an additional 4,267 shares during the period. Jane Street Group LLC acquired a new position in shares of BlackRock Health Sciences Term Trust during the third quarter valued at $357,000. Finally, Kingswood Wealth Advisors LLC acquired a new position in shares of BlackRock Health Sciences Term Trust during the fourth quarter valued at $420,000.

BlackRock Health Sciences Term Trust Price Performance

Shares of BMEZ opened at $15.87 on Friday. BlackRock Health Sciences Term Trust has a 1 year low of $14.27 and a 1 year high of $16.75. The firm has a fifty day moving average of $15.57 and a 200-day moving average of $15.68.

BlackRock Health Sciences Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.1773 dividend. This represents a $2.13 annualized dividend and a yield of 13.41%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Health Sciences Term Trust Profile

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.