Janney Montgomery Scott LLC Purchases 845 Shares of Blackrock Health Sciences Trust (BME)

Janney Montgomery Scott LLC increased its position in Blackrock Health Sciences Trust (NYSE:BME) by 6.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 14,520 shares of the company’s stock after acquiring an additional 845 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Blackrock Health Sciences Trust were worth $578,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Raymond James & Associates increased its stake in shares of Blackrock Health Sciences Trust by 1.2% in the fourth quarter. Raymond James & Associates now owns 23,126 shares of the company’s stock valued at $843,000 after buying an additional 271 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in Blackrock Health Sciences Trust by 1.5% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 19,784 shares of the company’s stock valued at $721,000 after purchasing an additional 291 shares during the period. Advisor Group Inc. increased its position in Blackrock Health Sciences Trust by 2.8% during the 4th quarter. Advisor Group Inc. now owns 14,473 shares of the company’s stock valued at $527,000 after purchasing an additional 401 shares during the period. Financial Advantage Inc. acquired a new stake in Blackrock Health Sciences Trust during the 4th quarter valued at approximately $30,000. Finally, PNC Financial Services Group Inc. increased its position in Blackrock Health Sciences Trust by 244.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,721 shares of the company’s stock valued at $63,000 after purchasing an additional 1,221 shares during the period.

NYSE:BME opened at $37.00 on Friday. Blackrock Health Sciences Trust has a fifty-two week low of $32.00 and a fifty-two week high of $44.00.

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.20 per share. This represents a $2.40 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date of this dividend is Tuesday, May 14th.

ILLEGAL ACTIVITY NOTICE: This piece of content was posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark & copyright law. The correct version of this piece of content can be viewed at https://www.thelincolnianonline.com/2019/05/24/janney-montgomery-scott-llc-purchases-845-shares-of-blackrock-health-sciences-trust-bme.html.

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.

Recommended Story: What are defining characteristics of a correction?

Want to see what other hedge funds are holding BME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock Health Sciences Trust (NYSE:BME).

Institutional Ownership by Quarter for Blackrock Health Sciences Trust (NYSE:BME)

Receive News & Ratings for Blackrock Health Sciences Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Health Sciences Trust and related companies with MarketBeat.com's FREE daily email newsletter.