Alchemi Wealth LLC Buys New Shares in BlackRock Science and Technology Trust $BST

Alchemi Wealth LLC acquired a new position in shares of BlackRock Science and Technology Trust (NYSE:BST) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 115,773 shares of the company’s stock, valued at approximately $4,693,000. BlackRock Science and Technology Trust accounts for 2.6% of Alchemi Wealth LLC’s investment portfolio, making the stock its 6th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BST. Summit Financial LLC boosted its position in shares of BlackRock Science and Technology Trust by 16.1% in the fourth quarter. Summit Financial LLC now owns 25,183 shares of the company’s stock valued at $1,021,000 after acquiring an additional 3,496 shares during the period. Jane Street Group LLC boosted its position in shares of BlackRock Science and Technology Trust by 85.7% in the fourth quarter. Jane Street Group LLC now owns 23,061 shares of the company’s stock valued at $935,000 after acquiring an additional 10,642 shares during the period. Walled Lake Planning & Wealth Management LLC boosted its position in shares of BlackRock Science and Technology Trust by 4.8% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 9,177 shares of the company’s stock valued at $372,000 after acquiring an additional 424 shares during the period. Symphony Financial Services Inc. boosted its position in shares of BlackRock Science and Technology Trust by 5.5% in the fourth quarter. Symphony Financial Services Inc. now owns 6,863 shares of the company’s stock valued at $278,000 after acquiring an additional 360 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in shares of BlackRock Science and Technology Trust by 4.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 155,488 shares of the company’s stock valued at $6,304,000 after acquiring an additional 5,920 shares during the period.

BlackRock Science and Technology Trust Price Performance

Shares of BlackRock Science and Technology Trust stock opened at $47.70 on Friday. The firm has a 50-day moving average of $43.86 and a 200-day moving average of $41.25. 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 Dividend Announcement

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

About BlackRock Science and Technology Trust

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.