Kestra Advisory Services LLC Has $894,000 Stock Holdings in BlackRock Health Sciences Term Trust $BMEZ

Kestra Advisory Services LLC raised its holdings in shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 3,561.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 62,246 shares of the company’s stock after acquiring an additional 60,546 shares during the period. Kestra Advisory Services LLC’s holdings in BlackRock Health Sciences Term Trust were worth $894,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Kathmere Capital Management LLC bought a new position in shares of BlackRock Health Sciences Term Trust in the 1st quarter worth $182,000. Apollon Wealth Management LLC increased its holdings in BlackRock Health Sciences Term Trust by 27.8% in the first quarter. Apollon Wealth Management LLC now owns 60,197 shares of the company’s stock valued at $864,000 after purchasing an additional 13,102 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in BlackRock Health Sciences Term Trust by 7.5% in the first quarter. Janney Montgomery Scott LLC now owns 28,135 shares of the company’s stock valued at $404,000 after purchasing an additional 1,966 shares during the last quarter. TrueMark Investments LLC lifted its stake in BlackRock Health Sciences Term Trust by 21.9% in the first quarter. TrueMark Investments LLC now owns 59,196 shares of the company’s stock valued at $850,000 after buying an additional 10,629 shares during the period. Finally, RFG Advisory LLC lifted its stake in BlackRock Health Sciences Term Trust by 3,118.4% in the first quarter. RFG Advisory LLC now owns 25,200 shares of the company’s stock valued at $362,000 after buying an additional 24,417 shares during the period.

BlackRock Health Sciences Term Trust Stock Performance

Shares of BMEZ opened at $15.32 on Friday. BlackRock Health Sciences Term Trust has a 1 year low of $13.67 and a 1 year high of $15.80. The stock’s 50-day moving average price is $14.82 and its two-hundred day moving average price is $14.73.

BlackRock Health Sciences Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 8.6%.

BlackRock Health Sciences Term Trust Profile

BlackRock Health Sciences Term Trust (NYSE: BMEZ) is a closed-end management investment company organized as a Delaware statutory trust. Launched in March 2020, BMEZ seeks to provide total return through a combination of current income and capital appreciation by investing primarily in equity and equity-related securities of companies in the health sciences sector. The trust is structured with a fixed termination date in October 2030, at which time shareholders will vote on its liquidation, extension or conversion.

The fund’s investment portfolio is diversified across subsectors within health sciences, including biotechnology, pharmaceuticals, medical devices, diagnostics and healthcare services.