8,499 Shares in BlackRock Health Sciences Trust (NYSE:BME) Purchased by Yakira Capital Management Inc.

Yakira Capital Management Inc. acquired a new stake in shares of BlackRock Health Sciences Trust (NYSE:BME) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 8,499 shares of the company’s stock, valued at approximately $322,000.

A number of other hedge funds have also added to or reduced their stakes in BME. HBK Sorce Advisory LLC raised its stake in shares of BlackRock Health Sciences Trust by 14.8% during the fourth quarter. HBK Sorce Advisory LLC now owns 8,194 shares of the company’s stock valued at $311,000 after acquiring an additional 1,057 shares in the last quarter. Hara Capital LLC bought a new stake in BlackRock Health Sciences Trust during the 4th quarter valued at $832,000. AlphaStar Capital Management LLC purchased a new stake in shares of BlackRock Health Sciences Trust in the 4th quarter worth $878,000. Janney Montgomery Scott LLC grew its position in shares of BlackRock Health Sciences Trust by 40.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 32,787 shares of the company’s stock worth $1,244,000 after buying an additional 9,455 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of BlackRock Health Sciences Trust during the fourth quarter valued at $3,250,000.

BlackRock Health Sciences Trust Stock Down 4.8 %

NYSE:BME opened at $36.32 on Friday. BlackRock Health Sciences Trust has a 1-year low of $36.24 and a 1-year high of $42.64. The company has a 50-day moving average of $39.68 and a 200 day moving average of $39.84.

BlackRock Health Sciences Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be given a $0.2621 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $3.15 annualized dividend and a dividend yield of 8.66%.

BlackRock Health Sciences Trust Company Profile

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services.