Wolverine Asset Management LLC Purchases 198,177 Shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ)

Wolverine Asset Management LLC lifted its position in BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 260.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 274,318 shares of the company’s stock after purchasing an additional 198,177 shares during the quarter. Wolverine Asset Management LLC’s holdings in BlackRock Health Sciences Term Trust were worth $4,019,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. CWM LLC grew its position in BlackRock Health Sciences Term Trust by 1,212,300.0% in the fourth quarter. CWM LLC now owns 12,124 shares of the company’s stock worth $178,000 after acquiring an additional 12,123 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in BlackRock Health Sciences Term Trust by 3.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 274,585 shares of the company’s stock worth $4,023,000 after acquiring an additional 8,985 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its position in BlackRock Health Sciences Term Trust by 391.2% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 72,657 shares of the company’s stock worth $1,064,000 after acquiring an additional 57,865 shares in the last quarter. Stratos Wealth Advisors LLC purchased a new position in BlackRock Health Sciences Term Trust in the fourth quarter worth about $170,000. Finally, Kingswood Wealth Advisors LLC purchased a new position in BlackRock Health Sciences Term Trust in the fourth quarter worth about $295,000.

BlackRock Health Sciences Term Trust Trading Down 0.7 %

BMEZ traded down 0.10 on Wednesday, hitting 14.67. The company had a trading volume of 245,704 shares, compared to its average volume of 328,637. BlackRock Health Sciences Term Trust has a 12-month low of 12.93 and a 12-month high of 16.59. The business’s fifty day simple moving average is 15.91 and its 200 day simple moving average is 14.94.

BlackRock Health Sciences Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be given a dividend of $0.09 per share. The ex-dividend date is Friday, April 12th. This represents a $1.08 annualized dividend and a dividend yield of 7.36%.

Insider Buying and Selling at BlackRock Health Sciences Term Trust

In other BlackRock Health Sciences Term Trust news, major shareholder Saba Capital Management, L.P. bought 347,814 shares of the company’s stock in a transaction on Friday, January 26th. The stock was acquired at an average price of 15.26 per share, for a total transaction of 5,307,641.64. Following the completion of the transaction, the insider now directly owns 18,048,897 shares of the company’s stock, valued at 275,426,168.22. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders acquired 1,942,490 shares of company stock worth $30,632,636 over the last 90 days.

About BlackRock Health Sciences Term Trust

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.