Landscape Capital Management L.L.C. Trims Stake in BlackRock Health Sciences Trust (NYSE:BME)

Landscape Capital Management L.L.C. lowered its holdings in BlackRock Health Sciences Trust (NYSE:BME) by 59.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,111 shares of the company’s stock after selling 29,703 shares during the period. Landscape Capital Management L.L.C.’s holdings in BlackRock Health Sciences Trust were worth $763,000 at the end of the most recent reporting period.

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

BlackRock Health Sciences Trust Stock Performance

NYSE BME opened at $36.32 on Monday. The stock’s 50-day simple moving average is $39.68 and its two-hundred day simple moving average is $39.83. BlackRock Health Sciences Trust has a twelve month low of $35.92 and a twelve month high of $42.64.

BlackRock Health Sciences Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be given a $0.2621 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $3.15 dividend on an annualized basis and a yield of 8.66%.

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.