BlackRock Health Sciences Trust $BME Shares Purchased by Wolverine Asset Management LLC

Wolverine Asset Management LLC raised its position in BlackRock Health Sciences Trust (NYSE:BME) by 30.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 61,346 shares of the company’s stock after purchasing an additional 14,411 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock Health Sciences Trust were worth $2,284,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in BME. Janney Montgomery Scott LLC raised its holdings in shares of BlackRock Health Sciences Trust by 9.7% in the second quarter. Janney Montgomery Scott LLC now owns 38,475 shares of the company’s stock worth $1,403,000 after acquiring an additional 3,401 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in BlackRock Health Sciences Trust in the 2nd quarter valued at about $75,000. Consolidated Portfolio Review Corp boosted its stake in shares of BlackRock Health Sciences Trust by 34.7% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 38,879 shares of the company’s stock worth $1,418,000 after purchasing an additional 10,012 shares during the last quarter. HBK Sorce Advisory LLC raised its position in shares of BlackRock Health Sciences Trust by 27.1% in the second quarter. HBK Sorce Advisory LLC now owns 11,602 shares of the company’s stock valued at $423,000 after buying an additional 2,476 shares during the last quarter. Finally, Cypress Capital Management LLC WY purchased a new position in shares of BlackRock Health Sciences Trust during the second quarter valued at approximately $1,405,000.

BlackRock Health Sciences Trust Stock Down 0.2%

BME stock opened at $41.79 on Friday. The company has a 50 day moving average price of $40.93 and a two-hundred day moving average price of $38.27. BlackRock Health Sciences Trust has a one year low of $34.18 and a one year high of $42.46.

BlackRock Health Sciences Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.2621 per share. The ex-dividend date is Friday, March 13th. This represents a c) annualized dividend and a yield of 7.5%.

BlackRock Health Sciences Trust Profile

BlackRock Health Sciences Trust (NYSE: BME) is a closed-end management investment company that seeks long-term total return through a combination of dividend income and capital appreciation. Managed by BlackRock Fund Advisors, the trust invests primarily in the equity securities of domestic and international issuers engaged in the health sciences sector. The portfolio typically includes common stocks, corporate bonds and convertible securities of companies involved in biotechnology, pharmaceuticals, medical devices and healthcare services.