Oppenheimer & Co. Inc. Lowers Position in BlackRock Science and Technology Trust (NYSE:BST)

Oppenheimer & Co. Inc. cut its holdings in shares of BlackRock Science and Technology Trust (NYSE:BST) by 5.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,593 shares of the company’s stock after selling 2,119 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in BlackRock Science and Technology Trust were worth $1,374,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Focus Financial Network Inc. grew its holdings in shares of BlackRock Science and Technology Trust by 3.0% during the 3rd quarter. Focus Financial Network Inc. now owns 12,688 shares of the company’s stock worth $450,000 after purchasing an additional 365 shares during the period. Kingsview Wealth Management LLC grew its holdings in shares of BlackRock Science and Technology Trust by 3.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 25,039 shares of the company’s stock worth $887,000 after purchasing an additional 795 shares during the period. D.A. Davidson & CO. grew its holdings in shares of BlackRock Science and Technology Trust by 10.8% during the 3rd quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock worth $296,000 after purchasing an additional 814 shares during the period. Hilltop Holdings Inc. grew its holdings in shares of BlackRock Science and Technology Trust by 6.8% during the 3rd quarter. Hilltop Holdings Inc. now owns 13,216 shares of the company’s stock worth $468,000 after purchasing an additional 843 shares during the period. Finally, HighTower Advisors LLC grew its holdings in shares of BlackRock Science and Technology Trust by 3.4% during the 3rd quarter. HighTower Advisors LLC now owns 31,058 shares of the company’s stock worth $1,098,000 after purchasing an additional 1,031 shares during the period.

Insider Activity at BlackRock Science and Technology Trust

In other news, Portfolio Manager Tony Kim bought 10,264 shares of the stock in a transaction that occurred on 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 acquisition, the portfolio manager now directly owns 41,514 shares of the company’s stock, valued at $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 is available at the SEC website.

BlackRock Science and Technology Trust Stock Performance

Shares of BlackRock Science and Technology Trust stock opened at $35.33 on Tuesday. The business has a 50-day moving average of $37.58 and a 200 day moving average of $36.52. BlackRock Science and Technology Trust has a 12 month low of $31.38 and a 12 month high of $39.59.

BlackRock Science and Technology Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.25 per share. This represents a $3.00 dividend on an annualized basis and a yield of 8.49%. The ex-dividend date was Friday, February 14th.

BlackRock Science and Technology Trust Profile

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.