Stolper Co Has $983,000 Holdings in BlackRock Science and Technology Trust $BST

Stolper Co decreased its position in shares of BlackRock Science and Technology Trust (NYSE:BST) by 68.5% in the 2nd quarter, Holdings Channel reports. The firm owned 19,378 shares of the company’s stock after selling 42,150 shares during the quarter. Stolper Co’s holdings in BlackRock Science and Technology Trust were worth $983,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada boosted its stake in shares of BlackRock Science and Technology Trust by 0.5% in the 1st quarter. Royal Bank of Canada now owns 296,826 shares of the company’s stock valued at $9,791,000 after purchasing an additional 1,477 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in BlackRock Science and Technology Trust by 10.8% during the first quarter. Goldman Sachs Group Inc. now owns 6,147 shares of the company’s stock worth $203,000 after buying an additional 600 shares during the last quarter. Jane Street Group LLC raised its stake in BlackRock Science and Technology Trust by 183.8% during the first quarter. Jane Street Group LLC now owns 20,917 shares of the company’s stock worth $690,000 after buying an additional 13,547 shares during the last quarter. Focus Partners Wealth acquired a new position in BlackRock Science and Technology Trust in the first quarter valued at $211,000. Finally, JPMorgan Chase & Co. lifted its holdings in BlackRock Science and Technology Trust by 36.6% in the second quarter. JPMorgan Chase & Co. now owns 3,859 shares of the company’s stock valued at $147,000 after buying an additional 1,033 shares during the period.

BlackRock Science and Technology Trust Stock Up 1.4%

Shares of BST opened at $49.99 on Thursday. The firm’s fifty day simple moving average is $47.49 and its two-hundred day simple moving average is $43.41. BlackRock Science and Technology Trust has a 12 month low of $34.87 and a 12 month high of $51.30.

BlackRock Science and Technology Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 6.0%.

BlackRock Science and Technology Trust Profile

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.