Virtus ETF Advisers LLC Boosts Stock Position in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

Virtus ETF Advisers LLC lifted its stake in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,829 shares of the company’s stock after acquiring an additional 3,709 shares during the period. Virtus ETF Advisers LLC’s holdings in BlackRock Innovation and Growth Term Trust were worth $929,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in BIGZ. Susquehanna International Group LLP increased its holdings in BlackRock Innovation and Growth Term Trust by 2,610.7% during the 4th quarter. Susquehanna International Group LLP now owns 339,000 shares of the company’s stock worth $2,522,000 after acquiring an additional 326,494 shares during the period. Susquehanna Advisors Group Inc. bought a new position in shares of BlackRock Innovation and Growth Term Trust in the fourth quarter worth $79,000. Shaker Financial Services LLC raised its position in shares of BlackRock Innovation and Growth Term Trust by 682.9% in the fourth quarter. Shaker Financial Services LLC now owns 79,490 shares of the company’s stock worth $591,000 after buying an additional 69,337 shares in the last quarter. CreativeOne Wealth LLC purchased a new stake in shares of BlackRock Innovation and Growth Term Trust in the fourth quarter worth $195,000. Finally, Mariner LLC boosted its stake in BlackRock Innovation and Growth Term Trust by 72.2% during the fourth quarter. Mariner LLC now owns 18,317 shares of the company’s stock valued at $136,000 after buying an additional 7,679 shares during the period.

BlackRock Innovation and Growth Term Trust Stock Performance

Shares of NYSE BIGZ opened at $6.28 on Friday. The stock’s 50-day simple moving average is $6.47 and its two-hundred day simple moving average is $7.34. BlackRock Innovation and Growth Term Trust has a twelve month low of $6.66 and a twelve month high of $8.31.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.0862 dividend. This represents a dividend yield of 16.15%. The ex-dividend date of this dividend was Friday, March 14th.

BlackRock Innovation and Growth Term Trust Company 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.