Wedbush Securities Inc. Purchases 480 Shares of BlackRock Science and Technology Trust (NYSE:BST)

Wedbush Securities Inc. increased its position in shares of BlackRock Science and Technology Trust (NYSE:BST) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 251,243 shares of the company’s stock after purchasing an additional 480 shares during the period. Wedbush Securities Inc.’s holdings in BlackRock Science and Technology Trust were worth $9,185,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new position in BlackRock Science and Technology Trust during the third quarter worth about $76,000. World Investment Advisors LLC acquired a new stake in shares of BlackRock Science and Technology Trust in the third quarter valued at approximately $208,000. Symphony Financial Services Inc. bought a new stake in shares of BlackRock Science and Technology Trust in the fourth quarter valued at approximately $215,000. Arkadios Wealth Advisors acquired a new stake in BlackRock Science and Technology Trust during the fourth quarter worth approximately $244,000. Finally, Vista Investment Partners II LLC bought a new position in BlackRock Science and Technology Trust during the 4th quarter worth $251,000.

BlackRock Science and Technology Trust Trading Down 7.9 %

NYSE:BST opened at $30.08 on Friday. BlackRock Science and Technology Trust has a fifty-two week low of $29.86 and a fifty-two week high of $39.59. The stock has a fifty day moving average price of $35.93 and a 200-day moving average price of $36.39.

BlackRock Science and Technology Trust Announces Dividend

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

Insider Activity

In other BlackRock Science and Technology Trust news, Portfolio Manager Tony Kim purchased 10,264 shares of the firm’s stock in a transaction dated 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. This trade represents a 32.84 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

About BlackRock Science and Technology Trust

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.