Blue Bell Private Wealth Management LLC Buys 111,141 Shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX

Blue Bell Private Wealth Management LLC boosted its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) by 86.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 240,173 shares of the company’s stock after acquiring an additional 111,141 shares during the period. Blue Bell Private Wealth Management LLC’s holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst were worth $1,583,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BTX. Penserra Capital Management LLC acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the third quarter valued at approximately $18,344,000. Invesco Ltd. acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the third quarter valued at approximately $10,719,000. Raymond James Financial Inc. acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the third quarter valued at approximately $9,000,000. Wolverine Asset Management LLC lifted its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 46.4% in the fourth quarter. Wolverine Asset Management LLC now owns 773,052 shares of the company’s stock valued at $5,094,000 after buying an additional 245,016 shares during the period. Finally, UBS Group AG acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the third quarter valued at approximately $4,653,000. 26.00% of the stock is currently owned by institutional investors.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Stock Performance

Shares of BTX opened at $8.91 on Tuesday. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 52-week low of $6.13 and a 52-week high of $8.98. The business’s 50 day moving average price is $7.45 and its two-hundred day moving average price is $6.94. The firm has a market cap of $523.85 million, a PE ratio of -3.92 and a beta of 4.61.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.0525 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Monday, June 15th. BlackRock Tchnlgy nd Prvt Eqty Trm Trst’s dividend payout ratio is presently -26.43%.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.