HBK Investments L P Sells 84,797 Shares of BlackRock Health Sciences Term Trust $BMEZ

HBK Investments L P decreased its position in shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 75.0% in the 1st quarter, Holdings Channel reports. The fund owned 28,266 shares of the company’s stock after selling 84,797 shares during the quarter. HBK Investments L P’s holdings in BlackRock Health Sciences Term Trust were worth $421,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in BMEZ. Larson Financial Group LLC lifted its holdings in BlackRock Health Sciences Term Trust by 51.9% during the first quarter. Larson Financial Group LLC now owns 2,050 shares of the company’s stock valued at $31,000 after purchasing an additional 700 shares during the last quarter. CWM LLC increased its stake in shares of BlackRock Health Sciences Term Trust by 177.9% in the first quarter. CWM LLC now owns 2,596 shares of the company’s stock worth $39,000 after purchasing an additional 1,662 shares in the last quarter. Elequin Capital LP bought a new stake in shares of BlackRock Health Sciences Term Trust in the fourth quarter valued at approximately $84,000. Baird Financial Group Inc. bought a new stake in shares of BlackRock Health Sciences Term Trust in the first quarter valued at approximately $189,000. Finally, Evolution Wealth Advisors LLC lifted its stake in shares of BlackRock Health Sciences Term Trust by 28.1% during the 1st quarter. Evolution Wealth Advisors LLC now owns 14,240 shares of the company’s stock valued at $212,000 after buying an additional 3,125 shares in the last quarter.

BlackRock Health Sciences Term Trust Trading Up 0.1%

BlackRock Health Sciences Term Trust stock opened at $14.34 on Monday. The firm has a 50 day simple moving average of $14.18 and a 200 day simple moving average of $14.49. BlackRock Health Sciences Term Trust has a 1-year low of $12.58 and a 1-year high of $16.75.

BlackRock Health Sciences Term Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were paid a dividend of $0.165 per share. This represents a c) dividend on an annualized basis and a dividend yield of 13.8%. The ex-dividend date was Friday, August 15th.

About BlackRock Health Sciences Term Trust

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.