HighTower Advisors LLC Raises Holdings in BlackRock Science and Technology Term Trust $BSTZ

HighTower Advisors LLC lifted its holdings in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 23.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 95,298 shares of the company’s stock after acquiring an additional 18,219 shares during the period. HighTower Advisors LLC’s holdings in BlackRock Science and Technology Term Trust were worth $2,155,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Penserra Capital Management LLC grew its stake in shares of BlackRock Science and Technology Term Trust by 14.6% during the third quarter. Penserra Capital Management LLC now owns 938,709 shares of the company’s stock worth $20,801,000 after acquiring an additional 119,839 shares during the last quarter. Wolverine Asset Management LLC grew its stake in shares of BlackRock Science and Technology Term Trust by 189.1% during the fourth quarter. Wolverine Asset Management LLC now owns 113,146 shares of the company’s stock worth $2,558,000 after acquiring an additional 74,005 shares during the last quarter. PMG Family Office LLC purchased a new stake in shares of BlackRock Science and Technology Term Trust during the third quarter worth about $1,309,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of BlackRock Science and Technology Term Trust by 13.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 204,880 shares of the company’s stock worth $4,698,000 after acquiring an additional 24,439 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of BlackRock Science and Technology Term Trust by 937.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 104,436 shares of the company’s stock worth $2,361,000 after purchasing an additional 94,371 shares during the period.

BlackRock Science and Technology Term Trust Stock Up 0.4%

BlackRock Science and Technology Term Trust stock opened at $30.51 on Tuesday. BlackRock Science and Technology Term Trust has a 52 week low of $19.13 and a 52 week high of $30.73. The stock has a 50-day moving average price of $25.63 and a 200 day moving average price of $23.56.

BlackRock Science and Technology Term Trust Profile

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.