GWN Securities Inc. Acquires Shares of 28,043 BlackRock Health Sciences Term Trust (NYSE:BMEZ)

GWN Securities Inc. acquired a new stake in BlackRock Health Sciences Term Trust (NYSE:BMEZ) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 28,043 shares of the company’s stock, valued at approximately $404,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. acquired a new position in BlackRock Health Sciences Term Trust in the 3rd quarter valued at approximately $32,000. Blue Bell Private Wealth Management LLC increased its stake in BlackRock Health Sciences Term Trust by 1.8% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 186,084 shares of the company’s stock valued at $2,680,000 after buying an additional 3,352 shares during the period. Commonwealth Equity Services LLC increased its stake in BlackRock Health Sciences Term Trust by 3.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 102,437 shares of the company’s stock valued at $1,475,000 after buying an additional 3,635 shares during the period. Corient Private Wealth LLC increased its stake in BlackRock Health Sciences Term Trust by 24.9% in the 4th quarter. Corient Private Wealth LLC now owns 26,225 shares of the company’s stock valued at $378,000 after buying an additional 5,224 shares during the period. Finally, Brown Lisle Cummings Inc. grew its position in BlackRock Health Sciences Term Trust by 17.0% in the fourth quarter. Brown Lisle Cummings Inc. now owns 42,711 shares of the company’s stock worth $615,000 after acquiring an additional 6,198 shares in the last quarter.

BlackRock Health Sciences Term Trust Price Performance

BMEZ stock opened at $15.11 on Monday. BlackRock Health Sciences Term Trust has a 12 month low of $14.27 and a 12 month high of $16.75. The firm has a 50 day moving average of $15.80 and a two-hundred day moving average of $15.64.

BlackRock Health Sciences Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.1763 dividend. This represents a $2.12 annualized dividend and a yield of 14.00%. The ex-dividend date is Friday, March 14th.

BlackRock Health Sciences Term Trust Profile

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.