BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Shares Sold by Corrado Advisors LLC

Corrado Advisors LLC decreased its stake in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 8.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 206,549 shares of the company’s stock after selling 19,488 shares during the quarter. Corrado Advisors LLC’s holdings in BlackRock Innovation and Growth Term Trust were worth $1,559,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. J.W. Cole Advisors Inc. purchased a new stake in BlackRock Innovation and Growth Term Trust in the 2nd quarter worth approximately $75,000. Tempus Wealth Planning LLC purchased a new stake in BlackRock Innovation and Growth Term Trust during the second quarter worth $76,000. Dakota Wealth Management grew its position in BlackRock Innovation and Growth Term Trust by 9.4% during the second quarter. Dakota Wealth Management now owns 21,217 shares of the company’s stock valued at $153,000 after buying an additional 1,824 shares during the period. PFG Investments LLC increased its holdings in BlackRock Innovation and Growth Term Trust by 75.1% in the second quarter. PFG Investments LLC now owns 23,538 shares of the company’s stock valued at $170,000 after buying an additional 10,099 shares in the last quarter. Finally, Prudent Investors Network Inc. acquired a new position in shares of BlackRock Innovation and Growth Term Trust in the first quarter worth about $174,000.

Insider Activity

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. bought 315,074 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average price of $7.47 per share, for a total transaction of $2,353,602.78. Following the transaction, the insider now directly owns 55,339,170 shares of the company’s stock, valued at approximately $413,383,599.90. This represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders acquired 1,428,448 shares of company stock worth $10,741,488 over the last three months.

BlackRock Innovation and Growth Term Trust Price Performance

BIGZ stock opened at $7.75 on Friday. BlackRock Innovation and Growth Term Trust has a 52-week low of $6.66 and a 52-week high of $8.25. The company’s 50-day simple moving average is $7.52 and its 200-day simple moving average is $7.38.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.0863 dividend. This represents a $1.04 annualized dividend and a yield of 13.37%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock Innovation and Growth Term Trust Company 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.