Private Advisor Group LLC Has $1.93 Million Stock Position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX

Private Advisor Group LLC grew its stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) by 51.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 292,211 shares of the company’s stock after acquiring an additional 98,800 shares during the period. Private Advisor Group LLC’s holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst were worth $1,929,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Elevation Point Wealth Partners LLC acquired a new stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 1st quarter valued at $130,000. Absolute Investment Advisers LLC increased its holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 144.4% in the 1st quarter. Absolute Investment Advisers LLC now owns 1,549,398 shares of the company’s stock worth $10,226,000 after purchasing an additional 915,474 shares in the last quarter. Silver Oak Securities Incorporated increased its holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 26.5% in the 1st quarter. Silver Oak Securities Incorporated now owns 17,135 shares of the company’s stock worth $113,000 after purchasing an additional 3,587 shares in the last quarter. TrueMark Investments LLC raised its position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 5.4% in the first quarter. TrueMark Investments LLC now owns 29,708 shares of the company’s stock valued at $196,000 after purchasing an additional 1,512 shares during the last quarter. Finally, CENTRAL TRUST Co bought a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the first quarter valued at about $232,000. 26.00% of the stock is currently owned by institutional investors.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Trading Up 0.2%

Shares of BTX stock opened at $8.63 on Friday. The firm has a market capitalization of $507.96 million, a price-to-earnings ratio of -3.80 and a beta of 4.61. The business’s 50-day moving average price is $8.79 and its 200-day moving average price is $7.48. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 12 month low of $6.13 and a 12 month high of $9.44.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.0525 dividend. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Tuesday, September 15th. BlackRock Tchnlgy nd Prvt Eqty Trm Trst’s dividend payout ratio (DPR) is -25.11%.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.