BDF Gestion Purchases Shares of 5,824 BlackRock Income Trust, Inc. (NYSE:BKT)

BDF Gestion acquired a new position in shares of BlackRock Income Trust, Inc. (NYSE:BKT) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 5,824 shares of the company’s stock, valued at approximately $67,000.

Several other institutional investors have also recently bought and sold shares of the company. Fortitude Advisory Group L.L.C. raised its holdings in shares of BlackRock Income Trust by 7.1% in the fourth quarter. Fortitude Advisory Group L.L.C. now owns 24,457 shares of the company’s stock valued at $282,000 after purchasing an additional 1,617 shares during the last quarter. Thrivent Financial for Lutherans grew its position in BlackRock Income Trust by 34.3% in the third quarter. Thrivent Financial for Lutherans now owns 66,493 shares of the company’s stock valued at $826,000 after purchasing an additional 17,000 shares in the last quarter. Arkadios Wealth Advisors increased its stake in BlackRock Income Trust by 4.2% in the 3rd quarter. Arkadios Wealth Advisors now owns 43,779 shares of the company’s stock valued at $544,000 after buying an additional 1,780 shares during the last quarter. Canal Capital Management LLC lifted its position in BlackRock Income Trust by 13.6% during the 3rd quarter. Canal Capital Management LLC now owns 21,964 shares of the company’s stock worth $273,000 after buying an additional 2,632 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of BlackRock Income Trust during the 3rd quarter worth about $13,380,000. Institutional investors own 39.43% of the company’s stock.

BlackRock Income Trust Stock Up 0.2 %

NYSE:BKT opened at $11.58 on Friday. BlackRock Income Trust, Inc. has a 52-week low of $11.06 and a 52-week high of $12.67. The stock’s 50-day simple moving average is $11.68 and its 200 day simple moving average is $12.03.

BlackRock Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.0882 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 9.14%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Income Trust Profile

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.