Biltmore Family Office LLC Purchases New Position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Biltmore Family Office LLC acquired a new stake in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,791 shares of the company’s stock, valued at approximately $203,000.

Several other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of BlackRock Science and Technology Term Trust during the fourth quarter worth about $31,032,000. Absolute Investment Advisers LLC bought a new position in BlackRock Science and Technology Term Trust in the fourth quarter valued at approximately $454,000. Wolverine Asset Management LLC acquired a new position in shares of BlackRock Science and Technology Term Trust in the fourth quarter valued at approximately $385,000. Commonwealth Equity Services LLC increased its position in shares of BlackRock Science and Technology Term Trust by 28.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 77,184 shares of the company’s stock worth $1,598,000 after acquiring an additional 16,933 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its holdings in shares of BlackRock Science and Technology Term Trust by 11.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 158,946 shares of the company’s stock worth $3,292,000 after acquiring an additional 16,379 shares during the period.

BlackRock Science and Technology Term Trust Stock Performance

Shares of BlackRock Science and Technology Term Trust stock opened at $18.23 on Thursday. BlackRock Science and Technology Term Trust has a one year low of $16.50 and a one year high of $22.28. The stock’s 50-day moving average is $20.07 and its 200-day moving average is $20.41.

BlackRock Science and Technology Term Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a dividend of $0.2231 per share. This represents a $2.68 annualized dividend and a yield of 14.68%. The ex-dividend date was Friday, March 14th.

Insider Buying and Selling at BlackRock Science and Technology Term Trust

In other BlackRock Science and Technology Term Trust news, Portfolio Manager Tony Kim purchased 27,000 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average price of $18.57 per share, for a total transaction of $501,390.00. Following the purchase, the portfolio manager now owns 193,533 shares in the company, valued at approximately $3,593,907.81. The trade was a 16.21 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.