NFP Retirement Inc. Sells 5,057 Shares of BlackRock Health Sciences Trust (NYSE:BME)

NFP Retirement Inc. trimmed its holdings in shares of BlackRock Health Sciences Trust (NYSE:BME) by 8.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 54,588 shares of the company’s stock after selling 5,057 shares during the quarter. NFP Retirement Inc.’s holdings in BlackRock Health Sciences Trust were worth $2,071,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Invesco Ltd. lifted its holdings in shares of BlackRock Health Sciences Trust by 8.9% in the fourth quarter. Invesco Ltd. now owns 223,316 shares of the company’s stock valued at $8,470,000 after purchasing an additional 18,213 shares in the last quarter. Wolverine Asset Management LLC raised its position in BlackRock Health Sciences Trust by 29.1% in the 4th quarter. Wolverine Asset Management LLC now owns 110,493 shares of the company’s stock valued at $4,191,000 after buying an additional 24,928 shares during the last quarter. Raymond James Financial Inc. bought a new stake in BlackRock Health Sciences Trust in the 4th quarter valued at approximately $3,250,000. Janney Montgomery Scott LLC boosted its position in 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 acquiring an additional 9,455 shares during the last quarter. Finally, AlphaStar Capital Management LLC bought a new position in shares of BlackRock Health Sciences Trust during the 4th quarter worth approximately $878,000.

BlackRock Health Sciences Trust Price Performance

Shares of BME stock opened at $34.95 on Friday. BlackRock Health Sciences Trust has a 12 month low of $34.18 and a 12 month high of $42.64. The company’s fifty day simple moving average is $39.05 and its 200-day simple moving average is $39.59.

BlackRock Health Sciences Trust Dividend Announcement

The business 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. This represents a $3.15 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date is Tuesday, April 15th.

BlackRock Health Sciences Trust Company 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.