Raymond James & Associates Lowers Holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Raymond James & Associates lessened its stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 1.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 928,967 shares of the company’s stock after selling 10,539 shares during the quarter. Raymond James & Associates’ holdings in BlackRock Science and Technology Term Trust were worth $17,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. UMB Bank n.a. purchased a new position in shares of BlackRock Science and Technology Term Trust in the 3rd quarter worth about $55,000. Mather Group LLC. purchased a new position in shares of BlackRock Science and Technology Term Trust in the 3rd quarter worth about $230,000. Sanctuary Advisors LLC purchased a new position in shares of BlackRock Science and Technology Term Trust in the 2nd quarter worth about $2,504,000. Truist Financial Corp raised its position in shares of BlackRock Science and Technology Term Trust by 0.9% in the 2nd quarter. Truist Financial Corp now owns 56,976 shares of the company’s stock worth $1,134,000 after purchasing an additional 531 shares during the last quarter. Finally, Quarry LP purchased a new position in shares of BlackRock Science and Technology Term Trust in the 2nd quarter worth about $86,000.

BlackRock Science and Technology Term Trust Price Performance

Shares of NASDAQ:BSTZ opened at $19.96 on Friday. BlackRock Science and Technology Term Trust has a fifty-two week low of $14.11 and a fifty-two week high of $20.95. The business has a 50-day simple moving average of $19.14 and a two-hundred day simple moving average of $19.01.

BlackRock Science and Technology Term Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be given a $0.214 dividend. This represents a $2.57 dividend on an annualized basis and a yield of 12.87%. The ex-dividend date of this dividend is Tuesday, October 15th.

BlackRock Science and Technology Term Trust Profile

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.