Blue Bell Private Wealth Management LLC Has $2.90 Million Stock Holdings in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ)

Blue Bell Private Wealth Management LLC boosted its stake in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 389,604 shares of the company’s stock after purchasing an additional 18,328 shares during the period. Blue Bell Private Wealth Management LLC’s holdings in BlackRock Innovation and Growth Term Trust were worth $2,899,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Captrust Financial Advisors raised its stake in BlackRock Innovation and Growth Term Trust by 4.8% in the third quarter. Captrust Financial Advisors now owns 32,800 shares of the company’s stock valued at $248,000 after buying an additional 1,500 shares during the period. Steward Partners Investment Advisory LLC raised its stake in BlackRock Innovation and Growth Term Trust by 3.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 85,686 shares of the company’s stock valued at $638,000 after buying an additional 3,245 shares during the period. SeaCrest Wealth Management LLC bought a new stake in BlackRock Innovation and Growth Term Trust in the fourth quarter valued at approximately $110,000. Winebrenner Capital Management LLC bought a new stake in BlackRock Innovation and Growth Term Trust in the fourth quarter valued at approximately $149,000. Finally, Virtu Financial LLC bought a new stake in BlackRock Innovation and Growth Term Trust in the third quarter valued at approximately $191,000.

Insider Transactions at BlackRock Innovation and Growth Term Trust

In other news, major shareholder Saba Capital Management, L.P. bought 279,479 shares of the stock in a transaction dated Monday, December 30th. The shares were bought at an average price of $7.45 per share, for a total transaction of $2,082,118.55. Following the completion of the purchase, the insider now owns 60,047,827 shares in the company, valued at approximately $447,356,311.15. This trade represents a 0.47 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have bought 1,443,111 shares of company stock worth $11,152,533.

BlackRock Innovation and Growth Term Trust Trading Up 1.3 %

Shares of NYSE BIGZ opened at $6.99 on Friday. BlackRock Innovation and Growth Term Trust has a 1-year low of $6.66 and a 1-year high of $8.31. The business’s 50 day moving average is $7.81 and its 200-day moving average is $7.68.

BlackRock Innovation and Growth Term Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.0866 per share. The ex-dividend date was Friday, February 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 14.86%.

About BlackRock Innovation and Growth Term Trust

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.