Atria Wealth Solutions Inc. Increases Stock Holdings in BlackRock Multi-Sector Income Trust (NYSE:BIT)

Atria Wealth Solutions Inc. increased its holdings in shares of BlackRock Multi-Sector Income Trust (NYSE:BIT) by 75.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,007 shares of the investment management company’s stock after buying an additional 21,027 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in BlackRock Multi-Sector Income Trust were worth $735,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its holdings in shares of BlackRock Multi-Sector Income Trust by 35.2% during the 3rd quarter. LPL Financial LLC now owns 405,230 shares of the investment management company’s stock worth $5,864,000 after acquiring an additional 105,614 shares during the period. Cyndeo Wealth Partners LLC boosted its holdings in shares of BlackRock Multi-Sector Income Trust by 20.7% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 316,477 shares of the investment management company’s stock valued at $4,747,000 after purchasing an additional 54,342 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of BlackRock Multi-Sector Income Trust by 2.5% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 205,017 shares of the investment management company’s stock valued at $2,967,000 after purchasing an additional 5,031 shares during the last quarter. Raymond James & Associates grew its stake in shares of BlackRock Multi-Sector Income Trust by 3.5% during the 3rd quarter. Raymond James & Associates now owns 174,452 shares of the investment management company’s stock valued at $2,524,000 after buying an additional 5,854 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of BlackRock Multi-Sector Income Trust by 24.1% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 103,425 shares of the investment management company’s stock worth $1,497,000 after buying an additional 20,059 shares during the last quarter.

BlackRock Multi-Sector Income Trust Trading Up 0.2 %

Shares of BlackRock Multi-Sector Income Trust stock opened at $15.44 on Friday. The business’s fifty day moving average price is $15.51 and its 200 day moving average price is $15.13. BlackRock Multi-Sector Income Trust has a twelve month low of $13.65 and a twelve month high of $15.98.

BlackRock Multi-Sector Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.124 dividend. This represents a $1.49 annualized dividend and a dividend yield of 9.64%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Multi-Sector Income Trust Profile

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.