Wedbush Securities Inc. Buys 10,854 Shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

Wedbush Securities Inc. grew its stake in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,138 shares of the company’s stock after buying an additional 10,854 shares during the period. Wedbush Securities Inc.’s holdings in BlackRock Innovation and Growth Term Trust were worth $819,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Captrust Financial Advisors grew its holdings in BlackRock Innovation and Growth Term Trust by 4.8% during the third quarter. Captrust Financial Advisors now owns 32,800 shares of the company’s stock valued at $248,000 after purchasing an additional 1,500 shares during the period. Jane Street Group LLC grew its holdings in shares of BlackRock Innovation and Growth Term Trust by 421.8% in the 3rd quarter. Jane Street Group LLC now owns 61,072 shares of the company’s stock valued at $461,000 after buying an additional 49,367 shares during the period. SeaCrest Wealth Management LLC bought a new stake in shares of BlackRock Innovation and Growth Term Trust in the 4th quarter valued at $110,000. Blue Bell Private Wealth Management LLC raised its stake in BlackRock Innovation and Growth Term Trust by 4.9% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 389,604 shares of the company’s stock worth $2,899,000 after buying an additional 18,328 shares during the period. Finally, Rivernorth Capital Management LLC lifted its holdings in BlackRock Innovation and Growth Term Trust by 108.5% during the third quarter. Rivernorth Capital Management LLC now owns 1,142,760 shares of the company’s stock worth $8,628,000 after acquiring an additional 594,776 shares in the last quarter.

BlackRock Innovation and Growth Term Trust Stock Performance

Shares of BlackRock Innovation and Growth Term Trust stock opened at $5.60 on Tuesday. BlackRock Innovation and Growth Term Trust has a 1 year low of $6.66 and a 1 year high of $8.31. The business has a 50-day moving average of $7.23 and a two-hundred day moving average of $7.54.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a dividend of $0.0862 per share. The ex-dividend date was Friday, March 14th. This represents a yield of 16.15%.

About BlackRock Innovation and Growth Term Trust

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.