Steward Partners Investment Advisory LLC Purchases 3,639 Shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Steward Partners Investment Advisory LLC grew its stake in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 4.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 78,497 shares of the company’s stock after acquiring an additional 3,639 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in BlackRock Science and Technology Term Trust were worth $1,626,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BSTZ. US Bancorp DE boosted its holdings in BlackRock Science and Technology Term Trust by 51.4% during the third quarter. US Bancorp DE now owns 2,650 shares of the company’s stock worth $51,000 after buying an additional 900 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in BlackRock Science and Technology Term Trust by 22.0% during the third quarter. Oppenheimer & Co. Inc. now owns 142,567 shares of the company’s stock worth $2,737,000 after buying an additional 25,737 shares during the last quarter. Penserra Capital Management LLC bought a new position in BlackRock Science and Technology Term Trust during the third quarter worth about $14,485,000. Brown Brothers Harriman & Co. bought a new position in BlackRock Science and Technology Term Trust during the third quarter worth about $38,000. Finally, Jane Street Group LLC bought a new position in BlackRock Science and Technology Term Trust during the third quarter worth about $245,000.

BlackRock Science and Technology Term Trust Stock Performance

Shares of BSTZ opened at $18.93 on Friday. BlackRock Science and Technology Term Trust has a 1 year low of $16.50 and a 1 year high of $22.28. The stock’s 50-day moving average price is $21.08 and its two-hundred day moving average price is $20.46.

BlackRock Science and Technology Term Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.2231 per share. This represents a $2.68 annualized dividend and a dividend yield of 14.14%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.