BlackRock Science and Technology Trust $BST Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its position in BlackRock Science and Technology Trust (NYSE:BST) by 213.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,184 shares of the company’s stock after purchasing an additional 14,430 shares during the period. PNC Financial Services Group Inc.’s holdings in BlackRock Science and Technology Trust were worth $859,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Merit Financial Group LLC purchased a new stake in shares of BlackRock Science and Technology Trust in the 3rd quarter worth about $706,000. 1607 Capital Partners LLC increased its holdings in BlackRock Science and Technology Trust by 13.2% during the 3rd quarter. 1607 Capital Partners LLC now owns 322,616 shares of the company’s stock valued at $13,343,000 after acquiring an additional 37,666 shares in the last quarter. Cornerstone Advisors LLC raised its position in BlackRock Science and Technology Trust by 37.2% during the third quarter. Cornerstone Advisors LLC now owns 120,056 shares of the company’s stock worth $4,966,000 after acquiring an additional 32,531 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in BlackRock Science and Technology Trust by 1,050.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 93,506 shares of the company’s stock worth $3,791,000 after acquiring an additional 85,381 shares during the last quarter. Finally, PMG Family Office LLC purchased a new stake in shares of BlackRock Science and Technology Trust in the third quarter valued at about $2,572,000.

BlackRock Science and Technology Trust Trading Up 0.7%

BST stock opened at $49.58 on Friday. The company’s 50 day simple moving average is $41.73 and its 200-day simple moving average is $40.72. BlackRock Science and Technology Trust has a 12 month low of $34.87 and a 12 month high of $50.56.

BlackRock Science and Technology Trust Company 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.