1607 Capital Partners LLC Raises Holdings in BlackRock Science and Technology Trust $BST

1607 Capital Partners LLC boosted its holdings in shares of BlackRock Science and Technology Trust (NYSE:BST) by 16.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 374,713 shares of the company’s stock after acquiring an additional 52,097 shares during the quarter. BlackRock Science and Technology Trust accounts for approximately 1.0% of 1607 Capital Partners LLC’s holdings, making the stock its 22nd biggest holding. 1607 Capital Partners LLC’s holdings in BlackRock Science and Technology Trust were worth $15,191,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Cetera Investment Advisers increased its holdings in BlackRock Science and Technology Trust by 2.5% during the fourth quarter. Cetera Investment Advisers now owns 56,548 shares of the company’s stock valued at $2,292,000 after buying an additional 1,355 shares during the period. Captrust Financial Advisors increased its holdings in BlackRock Science and Technology Trust by 10.4% during the fourth quarter. Captrust Financial Advisors now owns 6,676 shares of the company’s stock valued at $271,000 after buying an additional 627 shares during the period. &PARTNERS increased its holdings in BlackRock Science and Technology Trust by 27.2% during the fourth quarter. &PARTNERS now owns 13,166 shares of the company’s stock valued at $534,000 after buying an additional 2,815 shares during the period. Kestra Advisory Services LLC increased its holdings in BlackRock Science and Technology Trust by 3.0% during the fourth quarter. Kestra Advisory Services LLC now owns 21,210 shares of the company’s stock valued at $860,000 after buying an additional 619 shares during the period. Finally, Quarry LP purchased a new position in BlackRock Science and Technology Trust during the fourth quarter valued at approximately $314,000.

BlackRock Science and Technology Trust Price Performance

Shares of BST stock opened at $47.47 on Thursday. The company’s 50 day moving average is $44.50 and its 200 day moving average is $41.43. BlackRock Science and Technology Trust has a 52-week low of $34.87 and a 52-week high of $50.56.

BlackRock Science and Technology Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.25 dividend. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Tuesday, September 15th.

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.