Wealth Enhancement Advisory Services LLC Raises Stock Position in BlackRock Science and Technology Term Trust $BSTZ

Wealth Enhancement Advisory Services LLC lifted its stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 18.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 180,441 shares of the company’s stock after purchasing an additional 28,671 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in BlackRock Science and Technology Term Trust were worth $4,116,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of BSTZ. Jane Street Group LLC raised its stake in BlackRock Science and Technology Term Trust by 41.8% in the first quarter. Jane Street Group LLC now owns 21,436 shares of the company’s stock worth $380,000 after buying an additional 6,324 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in shares of BlackRock Science and Technology Term Trust in the 1st quarter worth approximately $40,000. Janney Montgomery Scott LLC lifted its stake in shares of BlackRock Science and Technology Term Trust by 6.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 49,271 shares of the company’s stock valued at $1,022,000 after purchasing an additional 3,135 shares during the period. Truist Financial Corp boosted its position in shares of BlackRock Science and Technology Term Trust by 5.2% during the second quarter. Truist Financial Corp now owns 68,823 shares of the company’s stock valued at $1,428,000 after purchasing an additional 3,429 shares in the last quarter. Finally, RFG Advisory LLC grew its stake in BlackRock Science and Technology Term Trust by 18.2% in the second quarter. RFG Advisory LLC now owns 92,039 shares of the company’s stock worth $1,910,000 after purchasing an additional 14,176 shares during the period.

Insider Buying and Selling

In other news, Director Robert W. Fairbairn sold 9,293 shares of BlackRock Science and Technology Term Trust stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $22.51, for a total transaction of $209,185.43. Following the completion of the transaction, the director directly owned 1 shares in the company, valued at approximately $22.51. This trade represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

BlackRock Science and Technology Term Trust Price Performance

Shares of BlackRock Science and Technology Term Trust stock opened at $22.54 on Tuesday. BlackRock Science and Technology Term Trust has a 12 month low of $15.22 and a 12 month high of $23.47. The business has a fifty day simple moving average of $22.49 and a two-hundred day simple moving average of $22.08.

BlackRock Science and Technology Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a dividend of $0.1625 per share. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Friday, March 13th.

About BlackRock Science and Technology Term Trust

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.