Smith Moore & CO. Grows Stake in BlackRock Science and Technology Trust (NYSE:BST)

Smith Moore & CO. boosted its position in shares of BlackRock Science and Technology Trust (NYSE:BST) by 19.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,773 shares of the company’s stock after acquiring an additional 2,550 shares during the quarter. Smith Moore & CO.’s holdings in BlackRock Science and Technology Trust were worth $577,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of BlackRock Science and Technology Trust during the 3rd quarter valued at about $76,000. World Investment Advisors LLC bought a new stake in BlackRock Science and Technology Trust during the third quarter valued at approximately $208,000. Symphony Financial Services Inc. bought a new stake in BlackRock Science and Technology Trust during the fourth quarter valued at approximately $215,000. Arkadios Wealth Advisors purchased a new stake in BlackRock Science and Technology Trust during the fourth quarter valued at approximately $244,000. Finally, Vista Investment Partners II LLC bought a new position in BlackRock Science and Technology Trust in the fourth quarter worth approximately $251,000.

Insider Buying and Selling at BlackRock Science and Technology Trust

In other news, Portfolio Manager Tony Kim bought 10,264 shares of the firm’s stock in a transaction on Thursday, February 20th. The shares were bought at an average price of $38.78 per share, for a total transaction of $398,037.92. Following the purchase, the portfolio manager now owns 41,514 shares in the company, valued at approximately $1,609,912.92. The trade was a 32.84 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

BlackRock Science and Technology Trust Trading Down 7.9 %

Shares of BlackRock Science and Technology Trust stock opened at $30.08 on Friday. BlackRock Science and Technology Trust has a 1-year low of $29.86 and a 1-year high of $39.59. The company’s fifty day simple moving average is $35.93 and its 200-day simple moving average is $36.41.

BlackRock Science and Technology Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $3.00 annualized dividend and a yield of 9.97%.

BlackRock Science and Technology Trust Profile

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.