BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX Shares Sold by UBS Group AG

UBS Group AG trimmed its position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) by 14.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 596,389 shares of the company’s stock after selling 98,059 shares during the quarter. UBS Group AG owned approximately 1.01% of BlackRock Tchnlgy nd Prvt Eqty Trm Trst worth $3,930,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. WPG Advisers LLC raised its holdings in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 122.8% in the 4th quarter. WPG Advisers LLC now owns 4,546 shares of the company’s stock valued at $30,000 after purchasing an additional 2,506 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth $43,000. Comerica Bank acquired a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth $47,000. Susquehanna Advisors Group Inc. acquired a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth $71,000. Finally, NewEdge Wealth LLC acquired a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth $74,000. 26.00% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Price Performance

Shares of NYSE:BTX opened at $8.91 on Friday. The company’s fifty day moving average price is $7.40 and its 200 day moving average price is $6.93. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 12 month low of $6.13 and a 12 month high of $8.98. The firm has a market capitalization of $523.85 million, a P/E ratio of -3.92 and a beta of 4.61.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.0525 per share. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Monday, June 15th. BlackRock Tchnlgy nd Prvt Eqty Trm Trst’s dividend payout ratio (DPR) is currently -26.43%.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.