Fortem Financial Group LLC Makes New Investment in BlackRock Science and Technology Trust $BST

Fortem Financial Group LLC acquired a new stake in shares of BlackRock Science and Technology Trust (NYSE:BST) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 13,363 shares of the company’s stock, valued at approximately $486,000.

Other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp bought a new position in shares of BlackRock Science and Technology Trust during the 3rd quarter worth approximately $26,000. Advisory Services Network LLC bought a new stake in BlackRock Science and Technology Trust in the third quarter valued at $121,000. JPMorgan Chase & Co. grew its position in BlackRock Science and Technology Trust by 36.6% in the second quarter. JPMorgan Chase & Co. now owns 3,859 shares of the company’s stock valued at $147,000 after acquiring an additional 1,033 shares during the period. Smartleaf Asset Management LLC raised its stake in BlackRock Science and Technology Trust by 9.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,254 shares of the company’s stock worth $171,000 after acquiring an additional 380 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in BlackRock Science and Technology Trust by 10.8% during the first quarter. Goldman Sachs Group Inc. now owns 6,147 shares of the company’s stock worth $203,000 after acquiring an additional 600 shares in the last quarter.

BlackRock Science and Technology Trust Price Performance

Shares of NYSE BST opened at $48.86 on Friday. The business has a fifty day moving average of $44.95 and a two-hundred day moving average of $41.54. BlackRock Science and Technology Trust has a 52-week low of $34.87 and a 52-week high of $50.56.

BlackRock Science and Technology Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%.

BlackRock Science and Technology Trust Company Profile

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.