Flagship Harbor Advisors LLC Lowers Holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Flagship Harbor Advisors LLC reduced its holdings in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 69.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 99,932 shares of the company’s stock after selling 227,492 shares during the period. Flagship Harbor Advisors LLC’s holdings in BlackRock Science and Technology Term Trust were worth $2,070,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of BlackRock Science and Technology Term Trust during the second quarter worth $86,000. Truist Financial Corp grew its stake in BlackRock Science and Technology Term Trust by 0.9% during the 2nd quarter. Truist Financial Corp now owns 56,976 shares of the company’s stock worth $1,134,000 after purchasing an additional 531 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in BlackRock Science and Technology Term Trust during the 2nd quarter worth about $2,504,000. Mather Group LLC. purchased a new stake in BlackRock Science and Technology Term Trust during the 3rd quarter worth about $230,000. Finally, UMB Bank n.a. acquired a new stake in BlackRock Science and Technology Term Trust in the 3rd quarter valued at about $55,000.

BlackRock Science and Technology Term Trust Price Performance

Shares of BlackRock Science and Technology Term Trust stock opened at $21.95 on Monday. The business has a 50-day simple moving average of $21.42 and a 200-day simple moving average of $20.06. BlackRock Science and Technology Term Trust has a one year low of $16.50 and a one year high of $22.28.

BlackRock Science and Technology Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a $0.2199 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 12.02%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Science and Technology Term Trust Profile

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.