Tony Kim Acquires 16,000 Shares of BlackRock Science and Technology Trust (NYSE:BST) Stock

BlackRock Science and Technology Trust (NYSE:BST) Portfolio Manager Tony Kim bought 16,000 shares of the stock in a transaction that occurred on Friday, January 23rd. The shares were purchased at an average cost of $40.70 per share, with a total value of $651,200.00. Following the purchase, the portfolio manager directly owned 57,514 shares of the company’s stock, valued at $2,340,819.80. The trade was a 38.54% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

BlackRock Science and Technology Trust Stock Performance

BST stock opened at $41.24 on Thursday. The company’s fifty day simple moving average is $40.46 and its 200 day simple moving average is $40.46. BlackRock Science and Technology Trust has a 12-month low of $27.87 and a 12-month high of $44.50.

BlackRock Science and Technology Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) annualized dividend and a yield of 7.3%.

Hedge Funds Weigh In On BlackRock Science and Technology Trust

Institutional investors and hedge funds have recently modified their holdings of the business. PMG Family Office LLC grew its position in shares of BlackRock Science and Technology Trust by 0.9% during the 4th quarter. PMG Family Office LLC now owns 62,736 shares of the company’s stock worth $2,543,000 after buying an additional 561 shares during the period. Smith Moore & CO. grew its holdings in BlackRock Science and Technology Trust by 3.9% in the fourth quarter. Smith Moore & CO. now owns 15,843 shares of the company’s stock worth $642,000 after purchasing an additional 600 shares during the period. Apollon Wealth Management LLC grew its holdings in BlackRock Science and Technology Trust by 21.5% in the fourth quarter. Apollon Wealth Management LLC now owns 23,890 shares of the company’s stock worth $969,000 after purchasing an additional 4,227 shares during the period. Dakota Wealth Management increased its stake in BlackRock Science and Technology Trust by 79.9% in the fourth quarter. Dakota Wealth Management now owns 10,845 shares of the company’s stock valued at $440,000 after purchasing an additional 4,815 shares in the last quarter. Finally, David J Yvars Group raised its holdings in shares of BlackRock Science and Technology Trust by 2.9% during the fourth quarter. David J Yvars Group now owns 31,640 shares of the company’s stock valued at $1,280,000 after purchasing an additional 897 shares during the period.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust (NYSE: BST) is a closed-end management investment company that concentrates its investments in the equity securities of companies engaged in science and technology industries. Established in December 2018, the trust seeks to provide shareholders with total return through a combination of capital appreciation and current income. BST primarily targets firms involved in information technology, biotechnology, clean energy, advanced manufacturing, and other technology-driven sectors.

The trust’s investment strategy is rooted in fundamental, bottom-up analysis carried out by a dedicated team of research professionals at BlackRock.