10,545 Shares in BlackRock Credit Allocation Income Trust (NYSE:BTZ) Purchased by 180 Wealth Advisors LLC

180 Wealth Advisors LLC acquired a new position in shares of BlackRock Credit Allocation Income Trust (NYSE:BTZ) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 10,545 shares of the investment management company’s stock, valued at approximately $164,000.

Several other large investors have also recently bought and sold shares of the stock. LPL Financial LLC grew its holdings in shares of BlackRock Credit Allocation Income Trust by 17.0% during the second quarter. LPL Financial LLC now owns 331,382 shares of the investment management company’s stock worth $5,166,000 after buying an additional 48,206 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of BlackRock Credit Allocation Income Trust by 2.2% during the second quarter. Stifel Financial Corp now owns 197,100 shares of the investment management company’s stock worth $3,072,000 after buying an additional 4,151 shares in the last quarter. 9258 Wealth Management LLC grew its holdings in shares of BlackRock Credit Allocation Income Trust by 21.4% during the second quarter. 9258 Wealth Management LLC now owns 17,860 shares of the investment management company’s stock worth $278,000 after buying an additional 3,150 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of BlackRock Credit Allocation Income Trust by 1.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 209,556 shares of the investment management company’s stock worth $3,267,000 after buying an additional 2,313 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in shares of BlackRock Credit Allocation Income Trust by 12.9% during the second quarter. Private Advisor Group LLC now owns 29,514 shares of the investment management company’s stock worth $460,000 after buying an additional 3,382 shares in the last quarter.

Shares of NYSE BTZ opened at $15.22 on Thursday. The stock has a 50 day moving average price of $15.40 and a 200 day moving average price of $15.22. BlackRock Credit Allocation Income Trust has a 52 week low of $13.75 and a 52 week high of $15.95.

The business also recently declared a monthly dividend, which will be paid on Friday, October 29th. Investors of record on Friday, October 15th will be given a dividend of $0.084 per share. The ex-dividend date is Thursday, October 14th. This represents a $1.01 annualized dividend and a yield of 6.62%.

BlackRock Credit Allocation Income Trust Profile

BlackRock Credit Allocation Income Trust is a non-diversified, closed-end management investment company. Its investment objective is to provide current income, current gains and capital appreciation through investing in credit-related securities, including, but not limited to, investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities.

See Also: Growth and Income Funds

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Institutional Ownership by Quarter for BlackRock Credit Allocation Income Trust (NYSE:BTZ)

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