Vista Investment Partners II LLC Invests $121,000 in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

Vista Investment Partners II LLC purchased a new position in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 16,206 shares of the company’s stock, valued at approximately $121,000.

A number of other hedge funds and other institutional investors have also modified their holdings of BIGZ. SeaCrest Wealth Management LLC acquired a new stake in shares of BlackRock Innovation and Growth Term Trust in the fourth quarter worth approximately $110,000. Winebrenner Capital Management LLC acquired a new stake in shares of BlackRock Innovation and Growth Term Trust in the fourth quarter worth approximately $149,000. Virtu Financial LLC acquired a new stake in shares of BlackRock Innovation and Growth Term Trust in the third quarter worth approximately $191,000. Concurrent Investment Advisors LLC acquired a new stake in shares of BlackRock Innovation and Growth Term Trust in the fourth quarter worth approximately $197,000. Finally, Garden State Investment Advisory Services LLC acquired a new stake in shares of BlackRock Innovation and Growth Term Trust in the third quarter worth approximately $245,000.

BlackRock Innovation and Growth Term Trust Price Performance

BIGZ opened at $6.72 on Tuesday. The company’s 50 day simple moving average is $7.78 and its 200 day simple moving average is $7.67. BlackRock Innovation and Growth Term Trust has a 1 year low of $6.66 and a 1 year high of $8.31.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a $0.0862 dividend. The ex-dividend date is Friday, March 14th. This represents a dividend yield of 16.15%.

Insider Buying and Selling

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. purchased 282,123 shares of BlackRock Innovation and Growth Term Trust stock in a transaction on Monday, January 6th. The shares were purchased at an average cost of $7.72 per share, with a total value of $2,177,989.56. Following the completion of the transaction, the insider now directly owns 60,615,765 shares in the company, valued at approximately $467,953,705.80. This represents a 0.47 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have purchased 1,443,111 shares of company stock valued at $11,152,533.

BlackRock Innovation and Growth Term Trust Profile

BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.