BlackRock Science and Technology Term Trust $BSTZ Shares Purchased by RFG Advisory LLC

RFG Advisory LLC raised its stake in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 18.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,039 shares of the company’s stock after buying an additional 14,176 shares during the period. RFG Advisory LLC’s holdings in BlackRock Science and Technology Term Trust were worth $1,910,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Armstrong Advisory Group Inc. grew its stake 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 worth $30,000 after purchasing an additional 909 shares during the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of BlackRock Science and Technology Term Trust in the 1st quarter worth approximately $40,000. AdvisorNet Financial Inc grew its stake in shares of 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 worth $52,000 after purchasing an additional 1,196 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of BlackRock Science and Technology Term Trust in the 1st quarter worth approximately $201,000. Finally, Compound Planning Inc. acquired a new position in shares of BlackRock Science and Technology Term Trust in the 1st quarter worth approximately $226,000.

BlackRock Science and Technology Term Trust Stock Down 0.9%

Shares of BSTZ opened at $21.96 on Thursday. The firm’s 50 day moving average is $22.03 and its 200-day moving average is $20.17. BlackRock Science and Technology Term Trust has a 12-month low of $15.22 and a 12-month high of $23.12.

BlackRock Science and Technology Term Trust Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be paid a $0.1625 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 8.9%.

About BlackRock Science and Technology Term Trust

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.