BlackRock Multi-Sector Income Trust (NYSE:BIT) Shares Sold by Semus Wealth Partners LLC

Semus Wealth Partners LLC lessened its holdings in shares of BlackRock Multi-Sector Income Trust (NYSE:BIT) by 23.1% in the fourth quarter, HoldingsChannel reports. The fund owned 33,221 shares of the investment management company’s stock after selling 9,984 shares during the period. Semus Wealth Partners LLC’s holdings in BlackRock Multi-Sector Income Trust were worth $485,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in BIT. HighTower Advisors LLC acquired a new stake in shares of BlackRock Multi-Sector Income Trust in the third quarter valued at $241,000. Janney Montgomery Scott LLC lifted its holdings in shares of BlackRock Multi-Sector Income Trust by 1.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 58,673 shares of the investment management company’s stock valued at $857,000 after buying an additional 995 shares during the period. Raymond James & Associates lifted its holdings in shares of BlackRock Multi-Sector Income Trust by 14.2% in the third quarter. Raymond James & Associates now owns 196,029 shares of the investment management company’s stock valued at $2,980,000 after buying an additional 24,447 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of BlackRock Multi-Sector Income Trust in the third quarter valued at $1,650,000. Finally, Landscape Capital Management L.L.C. lifted its holdings in shares of BlackRock Multi-Sector Income Trust by 91.5% in the third quarter. Landscape Capital Management L.L.C. now owns 113,928 shares of the investment management company’s stock valued at $1,732,000 after buying an additional 54,436 shares during the period.

BlackRock Multi-Sector Income Trust Stock Performance

Shares of BlackRock Multi-Sector Income Trust stock opened at $14.68 on Wednesday. The business has a fifty day simple moving average of $14.63 and a 200-day simple moving average of $14.78. BlackRock Multi-Sector Income Trust has a fifty-two week low of $14.22 and a fifty-two week high of $15.98.

BlackRock Multi-Sector Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.1237 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.48 annualized dividend and a dividend yield of 10.12%.

BlackRock Multi-Sector Income Trust Company Profile

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.