Guggenheim Capital LLC Buys 112,201 Shares of Blackrock Income Trust $BKT

Guggenheim Capital LLC increased its stake in shares of Blackrock Income Trust (NYSE:BKT) by 11.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,053,326 shares of the company’s stock after buying an additional 112,201 shares during the quarter. Guggenheim Capital LLC’s holdings in Blackrock Income Trust were worth $12,377,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of BKT. Chicago Partners Investment Group LLC bought a new position in Blackrock Income Trust during the 1st quarter valued at about $552,000. 1607 Capital Partners LLC acquired a new stake in shares of Blackrock Income Trust in the first quarter valued at $2,229,000. LPL Financial LLC raised its holdings in shares of Blackrock Income Trust by 7.1% in the first quarter. LPL Financial LLC now owns 174,193 shares of the company’s stock valued at $2,064,000 after buying an additional 11,497 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Blackrock Income Trust by 14.7% in the first quarter. Cetera Investment Advisers now owns 39,650 shares of the company’s stock valued at $470,000 after buying an additional 5,094 shares during the last quarter. Finally, Invesco Ltd. lifted its position in Blackrock Income Trust by 1.9% during the 1st quarter. Invesco Ltd. now owns 216,607 shares of the company’s stock worth $2,567,000 after buying an additional 3,958 shares in the last quarter. 39.43% of the stock is currently owned by institutional investors.

Blackrock Income Trust Stock Performance

BKT opened at $11.02 on Friday. Blackrock Income Trust has a 1-year low of $10.85 and a 1-year high of $12.24. The firm has a 50-day moving average price of $11.15 and a two-hundred day moving average price of $11.46.

Blackrock Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were issued a $0.0882 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%.

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.