Semus Wealth Partners LLC Has $131,000 Stock Holdings in BlackRock Credit Allocation Income Trust (NYSE:BTZ)

Semus Wealth Partners LLC decreased its stake in shares of BlackRock Credit Allocation Income Trust (NYSE:BTZ) by 9.9% during the 4th quarter, Holdings Channel reports. The firm owned 12,482 shares of the investment management company’s stock after selling 1,369 shares during the period. Semus Wealth Partners LLC’s holdings in BlackRock Credit Allocation Income Trust were worth $131,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in BTZ. International Assets Investment Management LLC boosted its holdings in shares of BlackRock Credit Allocation Income Trust by 1,018.1% in the 3rd quarter. International Assets Investment Management LLC now owns 382,636 shares of the investment management company’s stock valued at $43,160,000 after buying an additional 348,414 shares during the last quarter. Ibex Wealth Advisors acquired a new stake in BlackRock Credit Allocation Income Trust in the fourth quarter valued at $1,226,000. Arcus Capital Partners LLC bought a new position in shares of BlackRock Credit Allocation Income Trust in the 4th quarter valued at about $1,022,000. Private Trust Co. NA increased its stake in shares of BlackRock Credit Allocation Income Trust by 10,004.8% during the 3rd quarter. Private Trust Co. NA now owns 75,180 shares of the investment management company’s stock worth $848,000 after purchasing an additional 74,436 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its stake in shares of BlackRock Credit Allocation Income Trust by 5.3% during the 4th quarter. Capital Investment Advisors LLC now owns 1,004,445 shares of the investment management company’s stock worth $10,506,000 after purchasing an additional 50,134 shares during the last quarter.

BlackRock Credit Allocation Income Trust Trading Down 0.0 %

Shares of NYSE:BTZ opened at $10.78 on Wednesday. BlackRock Credit Allocation Income Trust has a 52-week low of $9.92 and a 52-week high of $11.30. The company has a 50-day simple moving average of $10.66 and a 200 day simple moving average of $10.87.

BlackRock Credit Allocation Income Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.0839 dividend. This represents a $1.01 dividend on an annualized basis and a dividend yield of 9.34%. This is a boost from BlackRock Credit Allocation Income Trust’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Credit Allocation Income Trust Company Profile

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation.