BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Portfolio Manager Buys 41,825 Shares

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Portfolio Manager Tony Kim acquired 41,825 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was acquired at an average cost of $22.00 per share, for a total transaction of $920,150.00. Following the transaction, the portfolio manager owned 251,554 shares of the company’s stock, valued at $5,534,188. This represents a 19.94% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

BlackRock Science and Technology Term Trust Trading Up 2.3%

Shares of BlackRock Science and Technology Term Trust stock traded up $0.53 during trading hours on Monday, reaching $23.09. 135,083 shares of the company’s stock were exchanged, compared to its average volume of 306,194. The company has a 50 day moving average of $22.67 and a two-hundred day moving average of $22.19. BlackRock Science and Technology Term Trust has a fifty-two week low of $15.22 and a fifty-two week high of $23.47.

BlackRock Science and Technology Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a dividend of $0.1625 per share. The ex-dividend date is Friday, March 13th. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%.

Institutional Trading of BlackRock Science and Technology Term Trust

Large investors have recently added to or reduced their stakes in the company. Amplius Wealth Advisors LLC raised its position in shares of BlackRock Science and Technology Term Trust by 2.8% in the 3rd quarter. Amplius Wealth Advisors LLC now owns 17,990 shares of the company’s stock valued at $399,000 after buying an additional 494 shares in the last quarter. Stablepoint Partners LLC lifted its holdings in shares of BlackRock Science and Technology Term Trust by 4.6% during the 2nd quarter. Stablepoint Partners LLC now owns 11,270 shares of the company’s stock worth $234,000 after acquiring an additional 500 shares during the period. International Assets Investment Management LLC boosted its position in shares of BlackRock Science and Technology Term Trust by 4.6% during the 4th quarter. International Assets Investment Management LLC now owns 11,285 shares of the company’s stock worth $255,000 after acquiring an additional 500 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of BlackRock Science and Technology Term Trust by 13.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,638 shares of the company’s stock worth $138,000 after acquiring an additional 767 shares in the last quarter. Finally, Merit Financial Group LLC increased its stake in BlackRock Science and Technology Term Trust by 7.6% in the third quarter. Merit Financial Group LLC now owns 11,938 shares of the company’s stock valued at $265,000 after acquiring an additional 847 shares during the last quarter.

About BlackRock Science and Technology Term Trust

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.