10,400 Shares in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Purchased by Kayne Anderson Capital Advisors LP

Kayne Anderson Capital Advisors LP purchased a new position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 10,400 shares of the company’s stock, valued at approximately $174,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. 1607 Capital Partners LLC increased its holdings in BlackRock Science and Technology Term Trust by 5.9% in the third quarter. 1607 Capital Partners LLC now owns 624,056 shares of the company’s stock valued at $10,297,000 after buying an additional 34,822 shares during the last quarter. Lazard Asset Management LLC grew its holdings in shares of BlackRock Science and Technology Term Trust by 81.2% during the third quarter. Lazard Asset Management LLC now owns 615,054 shares of the company’s stock valued at $10,148,000 after purchasing an additional 275,559 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of BlackRock Science and Technology Term Trust by 2.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 469,320 shares of the company’s stock valued at $7,842,000 after purchasing an additional 9,321 shares during the last quarter. Quantedge Capital Pte Ltd grew its holdings in shares of BlackRock Science and Technology Term Trust by 5.2% during the third quarter. Quantedge Capital Pte Ltd now owns 363,922 shares of the company’s stock valued at $6,005,000 after purchasing an additional 17,900 shares during the last quarter. Finally, Wolverine Asset Management LLC grew its holdings in shares of BlackRock Science and Technology Term Trust by 154.9% during the fourth quarter. Wolverine Asset Management LLC now owns 344,745 shares of the company’s stock valued at $5,761,000 after purchasing an additional 209,498 shares during the last quarter.

BlackRock Science and Technology Term Trust Stock Down 0.1 %

Shares of NASDAQ:BSTZ traded down $0.02 during trading on Thursday, hitting $18.15. 19,210 shares of the company traded hands, compared to its average volume of 265,238. The business’s fifty day moving average is $18.42 and its 200-day moving average is $17.39. BlackRock Science and Technology Term Trust has a one year low of $14.11 and a one year high of $19.47.

BlackRock Science and Technology Term Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be issued a $0.1052 dividend. This represents a $1.26 dividend on an annualized basis and a yield of 6.95%. This is a positive change from BlackRock Science and Technology Term Trust’s previous monthly dividend of $0.10. The ex-dividend date of this dividend is Tuesday, May 14th.

About BlackRock Science and Technology Term Trust

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.