Allspring Global Investments Holdings LLC Acquires New Shares in BlackRock Science and Technology Trust $BST

Allspring Global Investments Holdings LLC bought a new stake in shares of BlackRock Science and Technology Trust (NYSE:BST) during the 3rd quarter, HoldingsChannel reports. The firm bought 13,680 shares of the company’s stock, valued at approximately $566,000.

Several other hedge funds have also recently modified their holdings of the business. Merit Financial Group LLC bought a new position in shares of BlackRock Science and Technology Trust during the third quarter valued at $706,000. Apollon Wealth Management LLC increased its holdings in BlackRock Science and Technology Trust by 9.4% in the 3rd quarter. Apollon Wealth Management LLC now owns 19,663 shares of the company’s stock worth $813,000 after buying an additional 1,683 shares in the last quarter. World Investment Advisors raised its position in BlackRock Science and Technology Trust by 22.4% in the 3rd quarter. World Investment Advisors now owns 6,567 shares of the company’s stock worth $272,000 after buying an additional 1,200 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in BlackRock Science and Technology Trust by 48.6% during the 3rd quarter. AdvisorNet Financial Inc now owns 2,025 shares of the company’s stock valued at $84,000 after acquiring an additional 662 shares during the period. Finally, Mirador Capital Partners LP lifted its stake in BlackRock Science and Technology Trust by 7.4% during the 3rd quarter. Mirador Capital Partners LP now owns 8,156 shares of the company’s stock valued at $337,000 after acquiring an additional 559 shares during the period.

BlackRock Science and Technology Trust Trading Up 1.3%

Shares of BST stock opened at $41.01 on Friday. The company has a 50 day moving average price of $40.53 and a 200-day moving average price of $40.22. BlackRock Science and Technology Trust has a 52 week low of $27.87 and a 52 week high of $44.50.

BlackRock Science and Technology Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a $0.25 dividend. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock Science and Technology Trust Profile

BlackRock Science and Technology Trust (NYSE: BST) is a closed-end management investment company that concentrates its investments in the equity securities of companies engaged in science and technology industries. Established in December 2018, the trust seeks to provide shareholders with total return through a combination of capital appreciation and current income. BST primarily targets firms involved in information technology, biotechnology, clean energy, advanced manufacturing, and other technology-driven sectors.

The trust’s investment strategy is rooted in fundamental, bottom-up analysis carried out by a dedicated team of research professionals at BlackRock.