Symphony Financial Services Inc. Purchases Shares of 5,885 BlackRock Science and Technology Trust (NYSE:BST)

Symphony Financial Services Inc. acquired a new stake in shares of BlackRock Science and Technology Trust (NYSE:BST) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,885 shares of the company’s stock, valued at approximately $215,000.

A number of other institutional investors have also recently made changes to their positions in BST. Wilmington Savings Fund Society FSB purchased a new stake in shares of BlackRock Science and Technology Trust during the third quarter valued at approximately $76,000. World Investment Advisors LLC purchased a new stake in BlackRock Science and Technology Trust in the third quarter worth $208,000. Landscape Capital Management L.L.C. purchased a new stake in BlackRock Science and Technology Trust in the third quarter worth $222,000. Arkadios Wealth Advisors purchased a new stake in BlackRock Science and Technology Trust in the fourth quarter worth $244,000. Finally, D.A. Davidson & CO. lifted its stake in BlackRock Science and Technology Trust by 10.8% in the third quarter. D.A. Davidson & CO. now owns 8,342 shares of the company’s stock worth $296,000 after acquiring an additional 814 shares during the period.

Insider Buying and Selling

In other news, Portfolio Manager Tony Kim acquired 10,264 shares of the stock in a transaction on Thursday, February 20th. The stock was acquired at an average price of $38.78 per share, with a total value of $398,037.92. Following the completion of the transaction, the portfolio manager now owns 41,514 shares of the company’s stock, valued at $1,609,912.92. This represents a 32.84 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

BlackRock Science and Technology Trust Stock Down 0.6 %

Shares of BST stock opened at $35.08 on Wednesday. The stock has a fifty day moving average of $37.55 and a 200 day moving average of $36.53. BlackRock Science and Technology Trust has a 52 week low of $31.38 and a 52 week high of $39.59.

BlackRock Science and Technology Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.25 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 8.55%. The ex-dividend date is Friday, March 14th.

About BlackRock Science and Technology Trust

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.