Wolverine Asset Management LLC Acquires 10,446 Shares of BlackRock Science and Technology Trust (NYSE:BST)

Wolverine Asset Management LLC increased its holdings in shares of BlackRock Science and Technology Trust (NYSE:BST) by 7.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 151,664 shares of the company’s stock after purchasing an additional 10,446 shares during the quarter. Wolverine Asset Management LLC’s holdings in BlackRock Science and Technology Trust were worth $5,545,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Focus Financial Network Inc. increased its position in BlackRock Science and Technology Trust by 10.4% during the fourth quarter. Focus Financial Network Inc. now owns 14,012 shares of the company’s stock worth $512,000 after acquiring an additional 1,324 shares during the period. Apollon Wealth Management LLC bought a new position in BlackRock Science and Technology Trust during the fourth quarter worth about $508,000. Calamos Advisors LLC increased its position in BlackRock Science and Technology Trust by 57.3% during the fourth quarter. Calamos Advisors LLC now owns 10,116 shares of the company’s stock worth $370,000 after acquiring an additional 3,683 shares during the period. Mutual Advisors LLC increased its position in BlackRock Science and Technology Trust by 12.4% during the fourth quarter. Mutual Advisors LLC now owns 10,865 shares of the company’s stock worth $402,000 after acquiring an additional 1,200 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in BlackRock Science and Technology Trust by 4.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 141,847 shares of the company’s stock worth $5,186,000 after acquiring an additional 6,358 shares during the period.

BlackRock Science and Technology Trust Price Performance

BST stock opened at $38.69 on Friday. BlackRock Science and Technology Trust has a 12 month low of $31.38 and a 12 month high of $39.59. The company’s 50-day moving average price is $37.59 and its two-hundred day moving average price is $36.37.

BlackRock Science and Technology Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.25 dividend. This represents a $3.00 annualized dividend and a yield of 7.75%. The ex-dividend date is Friday, February 14th.

BlackRock Science and Technology Trust Company Profile

BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector.