LM Advisors LLC Has $872,000 Stock Position in BlackRock Health Sciences Term Trust (NYSE:BMEZ)

LM Advisors LLC reduced its stake in BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 29.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,555 shares of the company’s stock after selling 24,728 shares during the quarter. LM Advisors LLC’s holdings in BlackRock Health Sciences Term Trust were worth $872,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of BMEZ. Brown Brothers Harriman & Co. bought a new position in shares of BlackRock Health Sciences Term Trust during the third quarter worth approximately $32,000. K2 Principal Fund L.P. bought a new position in BlackRock Health Sciences Term Trust during the 3rd quarter worth $158,000. Virtu Financial LLC acquired a new stake in shares of BlackRock Health Sciences Term Trust during the fourth quarter worth $206,000. Jane Street Group LLC bought a new stake in shares of BlackRock Health Sciences Term Trust in the third quarter valued at about $357,000. Finally, Corient Private Wealth LLC grew its stake in shares of BlackRock Health Sciences Term Trust by 24.9% in the fourth quarter. Corient Private Wealth LLC now owns 26,225 shares of the company’s stock valued at $378,000 after acquiring an additional 5,224 shares in the last quarter.

BlackRock Health Sciences Term Trust Stock Performance

Shares of BlackRock Health Sciences Term Trust stock opened at $15.07 on Thursday. BlackRock Health Sciences Term Trust has a twelve month low of $14.27 and a twelve month high of $16.75. The company has a 50-day simple moving average of $15.77 and a two-hundred day simple moving average of $15.60.

BlackRock Health Sciences Term Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.1763 dividend. This represents a $2.12 annualized dividend and a dividend yield of 14.04%. The ex-dividend date is Friday, March 14th.

BlackRock Health Sciences Term Trust Profile

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.