Tony Kim Purchases 10,264 Shares of BlackRock Science and Technology Trust (NYSE:BST) Stock

BlackRock Science and Technology Trust (NYSE:BST) Portfolio Manager Tony Kim purchased 10,264 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was bought at an average price of $38.78 per share, for a total transaction of $398,037.92. Following the completion of the purchase, the portfolio manager now directly owns 41,514 shares of the company’s stock, valued at $1,609,912.92. The trade was a 32.84 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

BlackRock Science and Technology Trust Stock Performance

Shares of NYSE:BST opened at $37.99 on Friday. The firm has a 50 day simple moving average of $37.60 and a 200-day simple moving average of $36.42. BlackRock Science and Technology Trust has a twelve month low of $31.38 and a twelve month high of $39.59.

BlackRock Science and Technology Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.25 dividend. The ex-dividend date is Friday, February 14th. This represents a $3.00 annualized dividend and a yield of 7.90%.

Hedge Funds Weigh In On BlackRock Science and Technology Trust

Several hedge funds have recently made changes to their positions in the company. Elequin Capital LP acquired a new stake in shares of BlackRock Science and Technology Trust in the 4th quarter valued at about $45,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of BlackRock Science and Technology Trust in the third quarter valued at approximately $76,000. World Investment Advisors LLC purchased a new position in shares of BlackRock Science and Technology Trust during the third quarter worth approximately $208,000. Symphony Financial Services Inc. acquired a new position in shares of BlackRock Science and Technology Trust in the 4th quarter valued at $215,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in BlackRock Science and Technology Trust in the 3rd quarter valued at $222,000.

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.