BlackRock Science and Technology Trust (BST) to Issue Monthly Dividend of $0.25 on January 30th

BlackRock Science and Technology Trust (NYSE:BST) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be paid a dividend of 0.25 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Tuesday, January 20th.

BlackRock Science and Technology Trust Trading Up 0.1%

NYSE:BST opened at $41.06 on Friday. The firm’s fifty day simple moving average is $40.38 and its 200 day simple moving average is $40.33. BlackRock Science and Technology Trust has a twelve month low of $27.87 and a twelve month high of $44.50.

Institutional Trading of BlackRock Science and Technology Trust

Several institutional investors and hedge funds have recently bought and sold shares of BST. Dakota Wealth Management grew its holdings in shares of BlackRock Science and Technology Trust by 79.9% during the 4th quarter. Dakota Wealth Management now owns 10,845 shares of the company’s stock worth $440,000 after acquiring an additional 4,815 shares during the period. David J Yvars Group boosted its position in shares of BlackRock Science and Technology Trust by 2.9% during the fourth quarter. David J Yvars Group now owns 31,640 shares of the company’s stock valued at $1,280,000 after purchasing an additional 897 shares in the last quarter. Focus Financial Network Inc. grew its stake in BlackRock Science and Technology Trust by 10.6% in the fourth quarter. Focus Financial Network Inc. now owns 17,467 shares of the company’s stock worth $708,000 after purchasing an additional 1,675 shares during the period. Next Level Private LLC raised its holdings in BlackRock Science and Technology Trust by 55.1% in the fourth quarter. Next Level Private LLC now owns 14,943 shares of the company’s stock worth $606,000 after purchasing an additional 5,309 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in BlackRock Science and Technology Trust by 9.2% in the third quarter. JPMorgan Chase & Co. now owns 4,214 shares of the company’s stock worth $174,000 after purchasing an additional 355 shares in the last quarter.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust (NYSE: BST) is a closed-end management investment company that concentrates its investments in the equity securities of companies engaged in science and technology industries. Established in December 2018, the trust seeks to provide shareholders with total return through a combination of capital appreciation and current income. BST primarily targets firms involved in information technology, biotechnology, clean energy, advanced manufacturing, and other technology-driven sectors.

The trust’s investment strategy is rooted in fundamental, bottom-up analysis carried out by a dedicated team of research professionals at BlackRock.