BlackRock Science and Technology Trust (NYSE:BST) Shares Sold by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd decreased its holdings in BlackRock Science and Technology Trust (NYSE:BST) by 88.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,972 shares of the company’s stock after selling 106,028 shares during the period. NINE MASTS CAPITAL Ltd’s holdings in BlackRock Science and Technology Trust were worth $511,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Wolverine Asset Management LLC boosted its holdings in BlackRock Science and Technology Trust by 7.4% in the fourth quarter. Wolverine Asset Management LLC now owns 151,664 shares of the company’s stock valued at $5,545,000 after purchasing an additional 10,446 shares during the period. Focus Financial Network Inc. raised its position in BlackRock Science and Technology Trust by 10.4% in the 4th quarter. Focus Financial Network Inc. now owns 14,012 shares of the company’s stock valued at $512,000 after purchasing an additional 1,324 shares in the last quarter. Apollon Wealth Management LLC purchased a new position in shares of BlackRock Science and Technology Trust in the 4th quarter valued at about $508,000. Calamos Advisors LLC grew its position in shares of 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 buying an additional 3,683 shares in the last quarter. Finally, Mutual Advisors LLC increased its stake in shares of 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 buying an additional 1,200 shares during the period.

Insider Transactions at BlackRock Science and Technology Trust

In other BlackRock Science and Technology Trust news, Portfolio Manager Tony Kim acquired 10,264 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were acquired at an average price of $38.78 per share, for a total transaction of $398,037.92. Following the acquisition, the portfolio manager now owns 41,514 shares in the company, valued at $1,609,912.92. The trade was a 32.84 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

BlackRock Science and Technology Trust Stock Up 1.2 %

Shares of NYSE:BST opened at $36.50 on Monday. BlackRock Science and Technology Trust has a fifty-two week low of $31.38 and a fifty-two week high of $39.59. The firm’s 50 day moving average price is $37.58 and its 200 day moving average price is $36.52.

BlackRock Science and Technology Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 8.22%.

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.