BlackRock Income Trust, Inc. (NYSE:BKT) Stock Holdings Boosted by Raymond James & Associates

Raymond James & Associates lifted its stake in shares of BlackRock Income Trust, Inc. (NYSE:BKT) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 414,630 shares of the company’s stock after acquiring an additional 19,061 shares during the quarter. Raymond James & Associates owned 1.95% of BlackRock Income Trust worth $5,154,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. DT Investment Partners LLC acquired a new stake in shares of BlackRock Income Trust in the second quarter worth $103,000. Canal Capital Management LLC purchased a new stake in shares of BlackRock Income Trust during the second quarter worth $231,000. Choreo LLC purchased a new stake in shares of BlackRock Income Trust during the second quarter worth $233,000. WMG Financial Advisors LLC raised its holdings in shares of BlackRock Income Trust by 66.5% during the second quarter. WMG Financial Advisors LLC now owns 24,495 shares of the company’s stock worth $292,000 after acquiring an additional 9,779 shares in the last quarter. Finally, Melfa Wealth Management Inc. raised its holdings in BlackRock Income Trust by 1.3% during the third quarter. Melfa Wealth Management Inc. now owns 374,393 shares of the company’s stock valued at $4,654,000 after buying an additional 4,896 shares in the last quarter. 39.43% of the stock is owned by institutional investors.

BlackRock Income Trust Price Performance

BKT stock opened at $11.86 on Friday. The business’s 50-day simple moving average is $12.34 and its 200 day simple moving average is $11.99. BlackRock Income Trust, Inc. has a twelve month low of $10.93 and a twelve month high of $12.67.

BlackRock Income Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 15th were paid a $0.0882 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 8.93%. The ex-dividend date of this dividend was Tuesday, October 15th.

About BlackRock Income Trust

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.