BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Shares Sold by David J Yvars Group

David J Yvars Group trimmed its position in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 14.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,315 shares of the company’s stock after selling 1,700 shares during the period. David J Yvars Group’s holdings in BlackRock Innovation and Growth Term Trust were worth $78,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. acquired a new stake in shares of BlackRock Innovation and Growth Term Trust during the second quarter worth approximately $75,000. Tempus Wealth Planning LLC acquired a new position in BlackRock Innovation and Growth Term Trust during the 2nd quarter worth $76,000. Whittier Trust Co. bought a new stake in shares of BlackRock Innovation and Growth Term Trust in the 1st quarter worth about $122,000. Dakota Wealth Management raised its stake in shares of BlackRock Innovation and Growth Term Trust by 9.4% in the 2nd quarter. Dakota Wealth Management now owns 21,217 shares of the company’s stock valued at $153,000 after purchasing an additional 1,824 shares in the last quarter. Finally, PFG Investments LLC lifted its position in shares of BlackRock Innovation and Growth Term Trust by 75.1% during the second quarter. PFG Investments LLC now owns 23,538 shares of the company’s stock worth $170,000 after purchasing an additional 10,099 shares during the last quarter.

BlackRock Innovation and Growth Term Trust Price Performance

Shares of BlackRock Innovation and Growth Term Trust stock opened at $7.67 on Thursday. The business has a 50-day moving average price of $7.51 and a 200 day moving average price of $7.38. BlackRock Innovation and Growth Term Trust has a fifty-two week low of $6.53 and a fifty-two week high of $8.25.

BlackRock Innovation and Growth Term Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.0863 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 13.51%.

Insider Activity at BlackRock Innovation and Growth Term Trust

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. acquired 83,524 shares of the firm’s stock in a transaction on Wednesday, August 21st. The stock was purchased at an average price of $7.27 per share, with a total value of $607,219.48. Following the completion of the acquisition, the insider now directly owns 54,558,121 shares in the company, valued at $396,637,539.67. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have bought 1,411,509 shares of company stock valued at $10,614,953.

BlackRock Innovation and Growth Term Trust Profile

BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.