BlackRock Science and Technology Term Trust $BSTZ Position Trimmed by WNY Asset Management LLC

WNY Asset Management LLC trimmed its holdings in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 11.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,906 shares of the company’s stock after selling 4,459 shares during the period. WNY Asset Management LLC’s holdings in BlackRock Science and Technology Term Trust were worth $704,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Armstrong Advisory Group Inc. boosted its stake in BlackRock Science and Technology Term Trust by 163.5% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,465 shares of the company’s stock worth $30,000 after purchasing an additional 909 shares during the period. Geneos Wealth Management Inc. acquired a new position in BlackRock Science and Technology Term Trust in the 1st quarter worth approximately $40,000. AdvisorNet Financial Inc boosted its stake in BlackRock Science and Technology Term Trust by 89.9% in the 2nd quarter. AdvisorNet Financial Inc now owns 2,527 shares of the company’s stock worth $52,000 after purchasing an additional 1,196 shares during the period. Biltmore Family Office LLC acquired a new position in BlackRock Science and Technology Term Trust in the 2nd quarter worth approximately $203,000. Finally, Sentinel Trust Co. LBA acquired a new position in BlackRock Science and Technology Term Trust in the 2nd quarter worth approximately $208,000.

BlackRock Science and Technology Term Trust Stock Up 1.0%

BlackRock Science and Technology Term Trust stock opened at $22.11 on Wednesday. The company has a 50 day moving average price of $22.03 and a 200 day moving average price of $20.49. BlackRock Science and Technology Term Trust has a 52 week low of $15.22 and a 52 week high of $23.12.

BlackRock Science and Technology Term Trust Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be paid a $0.1625 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 8.8%.

BlackRock Science and Technology Term Trust Company Profile

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.