Creative Planning Has $110,000 Stake in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

Creative Planning lessened its stake in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 11.6% during the third quarter, Holdings Channel reports. The firm owned 14,576 shares of the company’s stock after selling 1,922 shares during the period. Creative Planning’s holdings in BlackRock Innovation and Growth Term Trust were worth $110,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of BIGZ. Sessa Capital IM L.P. grew its position in BlackRock Innovation and Growth Term Trust by 15.0% in the 2nd quarter. Sessa Capital IM L.P. now owns 2,739,993 shares of the company’s stock worth $19,810,000 after purchasing an additional 356,372 shares in the last quarter. Karpus Management Inc. increased its position in shares of BlackRock Innovation and Growth Term Trust by 24.2% during the first quarter. Karpus Management Inc. now owns 1,495,480 shares of the company’s stock valued at $12,173,000 after acquiring an additional 291,622 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in BlackRock Innovation and Growth Term Trust during the second quarter worth $4,192,000. Almitas Capital LLC purchased a new position in BlackRock Innovation and Growth Term Trust in the second quarter worth $3,928,000. Finally, Quarry LP grew its stake in BlackRock Innovation and Growth Term Trust by 251.2% in the 2nd quarter. Quarry LP now owns 397,934 shares of the company’s stock valued at $2,877,000 after purchasing an additional 284,634 shares during the period.

Insider Buying and Selling at BlackRock Innovation and Growth Term Trust

In related news, major shareholder Saba Capital Management, L.P. purchased 22,616 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was bought at an average price of $7.83 per share, for a total transaction of $177,083.28. Following the purchase, the insider now directly owns 57,417,734 shares in the company, valued at approximately $449,580,857.22. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have purchased a total of 1,491,783 shares of company stock worth $11,232,515 over the last three months.

BlackRock Innovation and Growth Term Trust Stock Down 1.1 %

Shares of BlackRock Innovation and Growth Term Trust stock opened at $7.75 on Wednesday. BlackRock Innovation and Growth Term Trust has a 1 year low of $6.66 and a 1 year high of $8.25. The stock has a fifty day moving average price of $7.53 and a 200-day moving average price of $7.39.

BlackRock Innovation and Growth Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $0.0863 dividend. This represents a $1.04 annualized dividend and a yield of 13.37%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock Innovation and Growth Term Trust Company Profile

BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.