Penserra Capital Management LLC Has $16.50 Million Stock Holdings in BlackRock Health Sciences Term Trust $BMEZ

Penserra Capital Management LLC lifted its position in shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 3.0% in the second quarter, Holdings Channel reports. The institutional investor owned 1,157,004 shares of the company’s stock after acquiring an additional 34,191 shares during the period. Penserra Capital Management LLC’s holdings in BlackRock Health Sciences Term Trust were worth $16,498,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. CWM LLC increased its position in BlackRock Health Sciences Term Trust by 177.9% during the first quarter. CWM LLC now owns 2,596 shares of the company’s stock worth $39,000 after acquiring an additional 1,662 shares during the period. Larson Financial Group LLC grew its position in shares of BlackRock Health Sciences Term Trust by 51.9% during the 1st quarter. Larson Financial Group LLC now owns 2,050 shares of the company’s stock worth $31,000 after purchasing an additional 700 shares in the last quarter. Tabor Asset Management LP bought a new position in shares of BlackRock Health Sciences Term Trust during the first quarter worth approximately $3,268,000. Wedbush Securities Inc. raised its position in shares of BlackRock Health Sciences Term Trust by 68.8% in the first quarter. Wedbush Securities Inc. now owns 36,210 shares of the company’s stock valued at $540,000 after buying an additional 14,757 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of BlackRock Health Sciences Term Trust by 2.3% in the first quarter. LPL Financial LLC now owns 195,565 shares of the company’s stock valued at $2,914,000 after buying an additional 4,397 shares during the period.

BlackRock Health Sciences Term Trust Price Performance

Shares of NYSE:BMEZ opened at $14.66 on Friday. The business’s 50 day simple moving average is $14.65 and its 200 day simple moving average is $14.41. 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 Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be issued a dividend of $0.11 per share. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Friday, November 14th.

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.