Jane Street Group LLC Has $461,000 Stake in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

Jane Street Group LLC lifted its position in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 421.8% in the third quarter, HoldingsChannel.com reports. The firm owned 61,072 shares of the company’s stock after acquiring an additional 49,367 shares during the period. Jane Street Group LLC’s holdings in BlackRock Innovation and Growth Term Trust were worth $461,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of BIGZ. J.W. Cole Advisors Inc. acquired a new position in shares of BlackRock Innovation and Growth Term Trust in the second quarter valued at $75,000. PFG Investments LLC grew its position in BlackRock Innovation and Growth Term Trust by 75.1% in the second quarter. PFG Investments LLC now owns 23,538 shares of the company’s stock valued at $170,000 after acquiring an additional 10,099 shares during the period. Garden State Investment Advisory Services LLC bought a new stake in BlackRock Innovation and Growth Term Trust in the third quarter valued at $245,000. Captrust Financial Advisors grew its position in BlackRock Innovation and Growth Term Trust by 4.8% in the third quarter. Captrust Financial Advisors now owns 32,800 shares of the company’s stock valued at $248,000 after acquiring an additional 1,500 shares during the period. Finally, Logan Stone Capital LLC bought a new stake in BlackRock Innovation and Growth Term Trust in the second quarter valued at $352,000.

BlackRock Innovation and Growth Term Trust Trading Up 1.6 %

Shares of NYSE:BIGZ opened at $7.75 on Tuesday. The business’s fifty day moving average price is $7.73 and its two-hundred day moving average price is $7.50. BlackRock Innovation and Growth Term Trust has a fifty-two week low of $6.66 and a fifty-two week high of $8.25.

BlackRock Innovation and Growth Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a $0.0868 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 13.44%. The ex-dividend date of this dividend is Wednesday, January 15th.

Insider Buying and Selling at BlackRock Innovation and Growth Term Trust

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. bought 45,033 shares of the firm’s stock in a transaction dated Friday, October 11th. The shares were bought at an average price of $7.65 per share, for a total transaction of $344,502.45. Following the completion of the acquisition, the insider now owns 56,095,957 shares of the company’s stock, valued at approximately $429,134,071.05. This trade represents a 0.08 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have purchased 2,735,466 shares of company stock worth $21,208,604 over the last three months.

BlackRock Innovation and Growth Term Trust 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.