BDF Gestion Invests $67,000 in BlackRock Income Trust, Inc. (NYSE:BKT)

BDF Gestion bought a new stake in BlackRock Income Trust, Inc. (NYSE:BKT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,824 shares of the company’s stock, valued at approximately $67,000.

Other hedge funds also recently modified their holdings of the company. Canal Capital Management LLC lifted its stake in BlackRock Income Trust by 13.6% during the third quarter. Canal Capital Management LLC now owns 21,964 shares of the company’s stock worth $273,000 after purchasing an additional 2,632 shares during the period. Fortitude Advisory Group L.L.C. increased its holdings in shares of BlackRock Income Trust by 7.1% in the fourth quarter. Fortitude Advisory Group L.L.C. now owns 24,457 shares of the company’s stock valued at $282,000 after purchasing an additional 1,617 shares in the last quarter. Arkadios Wealth Advisors increased its stake in shares of BlackRock Income Trust by 4.2% in the 3rd quarter. Arkadios Wealth Advisors now owns 43,779 shares of the company’s stock valued at $544,000 after buying an additional 1,780 shares during the period. Thrivent Financial for Lutherans raised its holdings in BlackRock Income Trust by 34.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 66,493 shares of the company’s stock worth $826,000 after purchasing an additional 17,000 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of BlackRock Income Trust during the third quarter worth approximately $13,380,000. Institutional investors own 39.43% of the company’s stock.

BlackRock Income Trust Price Performance

BKT stock opened at $11.58 on Friday. BlackRock Income Trust, Inc. has a twelve month low of $11.06 and a twelve month high of $12.67. The business’s fifty day moving average is $11.68 and its 200-day moving average is $12.03.

BlackRock Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a dividend of $0.0882 per share. This represents a $1.06 annualized dividend and a yield of 9.14%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Income Trust Company Profile

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.