Insider Buying: BlackRock Science and Technology Trust (NYSE:BST) Portfolio Manager Purchases $398,037.92 in Stock

BlackRock Science and Technology Trust (NYSE:BST) Portfolio Manager Tony Kim bought 10,264 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average cost of $38.78 per share, for a total transaction of $398,037.92. Following the completion of the purchase, the portfolio manager now owns 41,514 shares of the company’s stock, valued at approximately $1,609,912.92. The trade was a 32.84 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

BlackRock Science and Technology Trust Price Performance

NYSE BST opened at $37.99 on Monday. BlackRock Science and Technology Trust has a 12 month low of $31.38 and a 12 month high of $39.59. The stock’s fifty day moving average price is $37.60 and its 200-day moving average price is $36.44.

BlackRock Science and Technology Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, February 14th. This represents a $3.00 annualized dividend and a dividend yield of 7.90%.

Institutional Investors Weigh In On BlackRock Science and Technology Trust

Institutional investors have recently modified their holdings of the business. HighTower Advisors LLC boosted its position in shares of BlackRock Science and Technology Trust by 3.4% during the third quarter. HighTower Advisors LLC now owns 31,058 shares of the company’s stock valued at $1,098,000 after buying an additional 1,031 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of BlackRock Science and Technology Trust during the fourth quarter valued at $244,000. Shaker Financial Services LLC boosted its position in shares of BlackRock Science and Technology Trust by 77.8% during the third quarter. Shaker Financial Services LLC now owns 46,823 shares of the company’s stock valued at $1,659,000 after buying an additional 20,491 shares during the last quarter. D.A. Davidson & CO. boosted its position in shares of BlackRock Science and Technology Trust by 10.8% during the third quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock valued at $296,000 after buying an additional 814 shares during the last quarter. Finally, Kingsview Wealth Management LLC boosted its position in shares of BlackRock Science and Technology Trust by 3.3% during the third quarter. Kingsview Wealth Management LLC now owns 25,039 shares of the company’s stock valued at $887,000 after buying an additional 795 shares during the last quarter.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.