Wedbush Securities Inc. Purchases 380,648 Shares of BlackRock Science and Technology Term Trust $BSTZ

Wedbush Securities Inc. grew its position in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 44.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,236,826 shares of the company’s stock after purchasing an additional 380,648 shares during the period. BlackRock Science and Technology Term Trust accounts for about 0.9% of Wedbush Securities Inc.’s investment portfolio, making the stock its 14th largest position. Wedbush Securities Inc.’s holdings in BlackRock Science and Technology Term Trust were worth $36,387,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BSTZ. Fifth Third Bancorp purchased a new position in shares of BlackRock Science and Technology Term Trust during the first quarter valued at approximately $57,000. Root Financial Partners LLC purchased a new stake in BlackRock Science and Technology Term Trust in the 3rd quarter worth approximately $57,000. Integrated Wealth Concepts LLC purchased a new stake in BlackRock Science and Technology Term Trust in the 2nd quarter worth approximately $73,000. Farther Finance Advisors LLC raised its holdings in BlackRock Science and Technology Term Trust by 700.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,556 shares of the company’s stock valued at $105,000 after acquiring an additional 3,112 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in BlackRock Science and Technology Term Trust by 12.2% in the 1st quarter. Sunbelt Securities Inc. now owns 6,847 shares of the company’s stock valued at $152,000 after acquiring an additional 747 shares during the last quarter.

BlackRock Science and Technology Term Trust Trading Down 0.4%

Shares of BlackRock Science and Technology Term Trust stock traded down $0.11 during trading hours on Friday, reaching $26.75. 129,188 shares of the company’s stock were exchanged, compared to its average volume of 218,066. BlackRock Science and Technology Term Trust has a 52-week low of $20.69 and a 52-week high of $31.89. The company has a fifty day moving average of $29.86 and a 200-day moving average of $28.86.

BlackRock Science and Technology Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be paid a $0.1625 dividend. This represents a $1.95 annualized dividend and a yield of 7.3%. The ex-dividend date is Friday, December 11th.

About BlackRock Science and Technology Term Trust

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) is a closed-end management investment company advised by BlackRock Advisors, LLC. The fund seeks to provide total return through a combination of current income and capital appreciation by investing primarily in equity and debt securities issued by companies operating in the science and technology sectors.

BSTZ may invest across a broad range of technology-related industries, including software, semiconductors, communications equipment, internet services, biotechnology and other technology-enabled businesses.