Wedbush Securities Inc. Sells 168,760 Shares of BlackRock Science and Technology Term Trust $BSTZ

Wedbush Securities Inc. reduced its position in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 19.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 698,725 shares of the company’s stock after selling 168,760 shares during the quarter. BlackRock Science and Technology Term Trust accounts for 0.5% of Wedbush Securities Inc.’s investment portfolio, making the stock its 26th biggest holding. Wedbush Securities Inc.’s holdings in BlackRock Science and Technology Term Trust were worth $14,499,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. grew its position in shares of BlackRock Science and Technology Term Trust by 163.5% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,465 shares of the company’s stock valued at $30,000 after acquiring an additional 909 shares during the period. Geneos Wealth Management Inc. acquired a new stake in BlackRock Science and Technology Term Trust in the 1st quarter valued at about $40,000. AdvisorNet Financial Inc lifted its stake in BlackRock Science and Technology Term Trust by 89.9% in the 2nd quarter. AdvisorNet Financial Inc now owns 2,527 shares of the company’s stock valued at $52,000 after purchasing an additional 1,196 shares during the last quarter. Virtu Financial LLC bought a new position in BlackRock Science and Technology Term Trust during the first quarter worth about $201,000. Finally, Biltmore Family Office LLC acquired a new position in BlackRock Science and Technology Term Trust during the second quarter worth approximately $203,000.

BlackRock Science and Technology Term Trust Stock Performance

NASDAQ:BSTZ opened at $22.27 on Friday. BlackRock Science and Technology Term Trust has a 12-month low of $15.22 and a 12-month high of $23.17. The stock’s 50 day moving average price is $22.24 and its two-hundred day moving average price is $20.80.

BlackRock Science and Technology Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be issued a dividend of $0.1625 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) annualized dividend and a yield of 8.8%.

BlackRock Science and Technology Term Trust Profile

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.