BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Shares Sold by HBK Investments L P

HBK Investments L P trimmed its position in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 13.2% during the third quarter, HoldingsChannel reports. The fund owned 338,752 shares of the company’s stock after selling 51,654 shares during the quarter. HBK Investments L P’s holdings in BlackRock Innovation and Growth Term Trust were worth $2,558,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Penserra Capital Management LLC purchased a new stake in BlackRock Innovation and Growth Term Trust in the 3rd quarter valued at approximately $15,076,000. Wolverine Asset Management LLC purchased a new stake in shares of BlackRock Innovation and Growth Term Trust in the second quarter valued at approximately $4,192,000. Almitas Capital LLC acquired a new position in BlackRock Innovation and Growth Term Trust during the second quarter worth $3,928,000. Sessa Capital IM L.P. raised its position in BlackRock Innovation and Growth Term Trust by 15.0% in the second quarter. Sessa Capital IM L.P. now owns 2,739,993 shares of the company’s stock worth $19,810,000 after acquiring an additional 356,372 shares in the last quarter. Finally, Quarry LP raised its position in BlackRock Innovation and Growth Term Trust by 251.2% in the second quarter. Quarry LP now owns 397,934 shares of the company’s stock worth $2,877,000 after acquiring an additional 284,634 shares in the last quarter.

Insiders Place Their Bets

In other BlackRock Innovation and Growth Term Trust news, major shareholder Saba Capital Management, L.P. acquired 315,074 shares of the business’s stock in a transaction on Wednesday, September 18th. The stock was purchased at an average price of $7.47 per share, for a total transaction of $2,353,602.78. Following the completion of the transaction, the insider now owns 55,339,170 shares of the company’s stock, valued at $413,383,599.90. The trade was a 0.57 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders acquired 1,863,134 shares of company stock worth $14,239,347.

BlackRock Innovation and Growth Term Trust Trading Down 1.0 %

NYSE:BIGZ opened at $7.92 on Friday. The stock has a fifty day moving average price of $7.64 and a two-hundred day moving average price of $7.43. BlackRock Innovation and Growth Term Trust has a 1 year low of $6.66 and a 1 year high of $8.25.

BlackRock Innovation and Growth Term Trust Announces Dividend

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 given a $0.0863 dividend. This represents a $1.04 annualized dividend and a yield of 13.08%. 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.