HighTower Advisors LLC Has $1.01 Million Stake in BlackRock Health Sciences Trust (NYSE:BME)

HighTower Advisors LLC cut its stake in BlackRock Health Sciences Trust (NYSE:BME) by 12.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 26,529 shares of the company’s stock after selling 3,750 shares during the quarter. HighTower Advisors LLC’s holdings in BlackRock Health Sciences Trust were worth $1,006,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of BME. Raymond James Financial Inc. bought a new stake in shares of BlackRock Health Sciences Trust in the 4th quarter worth $3,250,000. Wolverine Asset Management LLC boosted its holdings in BlackRock Health Sciences Trust by 29.1% during the fourth quarter. Wolverine Asset Management LLC now owns 110,493 shares of the company’s stock worth $4,191,000 after purchasing an additional 24,928 shares during the last quarter. Hara Capital LLC bought a new stake in BlackRock Health Sciences Trust in the 4th quarter worth about $832,000. AlphaStar Capital Management LLC purchased a new stake in BlackRock Health Sciences Trust in the 4th quarter valued at about $878,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of BlackRock Health Sciences Trust by 40.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 32,787 shares of the company’s stock worth $1,244,000 after buying an additional 9,455 shares in the last quarter.

BlackRock Health Sciences Trust Stock Down 0.7 %

BME stock opened at $38.67 on Thursday. The business has a 50 day moving average of $39.90 and a 200-day moving average of $40.03. BlackRock Health Sciences Trust has a 12-month low of $36.87 and a 12-month high of $42.64.

BlackRock Health Sciences Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.2621 dividend. This represents a $3.15 dividend on an annualized basis and a dividend yield of 8.13%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Health Sciences Trust Profile

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services.