Janney Montgomery Scott LLC Sells 1,289 Shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Janney Montgomery Scott LLC lowered its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 2.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 48,314 shares of the company’s stock after selling 1,289 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BlackRock Science and Technology Term Trust were worth $928,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. US Bancorp DE lifted its stake in BlackRock Science and Technology Term Trust by 51.4% in the 3rd quarter. US Bancorp DE now owns 2,650 shares of the company’s stock worth $51,000 after purchasing an additional 900 shares in the last quarter. International Assets Investment Management LLC grew its holdings in BlackRock Science and Technology Term Trust by 1,545.9% in the 3rd quarter. International Assets Investment Management LLC now owns 210,917 shares of the company’s stock worth $40,500,000 after acquiring an additional 198,102 shares during the last quarter. UMB Bank n.a. purchased a new stake in BlackRock Science and Technology Term Trust in the third quarter worth $55,000. Mather Group LLC. purchased a new position in shares of BlackRock Science and Technology Term Trust during the 3rd quarter worth approximately $230,000. Finally, Sanctuary Advisors LLC bought a new stake in BlackRock Science and Technology Term Trust during the second quarter worth about $2,504,000.

BlackRock Science and Technology Term Trust Price Performance

Shares of BSTZ opened at $20.65 on Friday. BlackRock Science and Technology Term Trust has a twelve month low of $16.21 and a twelve month high of $21.45. The firm has a 50 day moving average of $19.60 and a 200 day moving average of $19.32.

BlackRock Science and Technology Term Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $0.2155 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.59 dividend on an annualized basis and a dividend yield of 12.52%.

About BlackRock Science and Technology Term Trust

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.