Apollon Wealth Management LLC Acquires New Holdings in BlackRock Science and Technology Term Trust $BSTZ

Apollon Wealth Management LLC acquired a new position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 41,322 shares of the company’s stock, valued at approximately $915,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. US Bancorp DE boosted its holdings in shares of BlackRock Science and Technology Term Trust by 165.3% in the third quarter. US Bancorp DE now owns 1,804 shares of the company’s stock valued at $40,000 after acquiring an additional 1,124 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in BlackRock Science and Technology Term Trust during the first quarter worth approximately $40,000. Kestra Advisory Services LLC bought a new stake in BlackRock Science and Technology Term Trust during the fourth quarter worth approximately $68,000. Northwestern Mutual Wealth Management Co. lifted its position in BlackRock Science and Technology Term Trust by 13.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,638 shares of the company’s stock worth $138,000 after purchasing an additional 767 shares during the period. Finally, Activest Wealth Management acquired a new stake in BlackRock Science and Technology Term Trust in the fourth quarter worth approximately $140,000.

BlackRock Science and Technology Term Trust Stock Performance

Shares of BlackRock Science and Technology Term Trust stock opened at $29.34 on Friday. The business has a fifty day simple moving average of $28.96 and a 200-day simple moving average of $24.90. BlackRock Science and Technology Term Trust has a fifty-two week low of $20.17 and a fifty-two week high of $31.88.

BlackRock Science and Technology Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.1625 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 6.6%.

About BlackRock Science and Technology Term Trust

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.