Thomas J. Herzfeld Advisors Inc. Has $8.91 Million Position in BlackRock Science & Technology Trust (NYSE:BST)

Thomas J. Herzfeld Advisors Inc. lessened its position in BlackRock Science & Technology Trust (NYSE:BST) by 39.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 333,742 shares of the company’s stock after selling 218,056 shares during the quarter. BlackRock Science & Technology Trust accounts for approximately 3.3% of Thomas J. Herzfeld Advisors Inc.’s portfolio, making the stock its 5th largest holding. Thomas J. Herzfeld Advisors Inc. owned about 1.49% of BlackRock Science & Technology Trust worth $8,908,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its stake in BlackRock Science & Technology Trust by 2.2% in the third quarter. Wells Fargo & Company MN now owns 1,061,721 shares of the company’s stock valued at $25,938,000 after acquiring an additional 23,187 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of BlackRock Science & Technology Trust by 62.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 211,896 shares of the company’s stock valued at $5,656,000 after buying an additional 81,142 shares during the last quarter. First Trust Advisors LP grew its stake in shares of BlackRock Science & Technology Trust by 3.1% during the fourth quarter. First Trust Advisors LP now owns 191,383 shares of the company’s stock valued at $5,108,000 after buying an additional 5,803 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of BlackRock Science & Technology Trust by 16.9% during the third quarter. Advisors Asset Management Inc. now owns 173,819 shares of the company’s stock valued at $4,246,000 after buying an additional 25,166 shares during the last quarter. Finally, Spectrum Management Group Inc. bought a new position in shares of BlackRock Science & Technology Trust during the third quarter valued at about $2,419,000.

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Shares of NYSE:BST traded down $0.33 on Friday, reaching $29.63. 99,723 shares of the company traded hands, compared to its average volume of 199,211. BlackRock Science & Technology Trust has a 52 week low of $20.44 and a 52 week high of $34.26.

The firm also recently announced a monthly dividend, which will be paid on Monday, April 30th. Investors of record on Monday, April 16th will be paid a $0.13 dividend. The ex-dividend date is Friday, April 13th. This represents a $1.56 annualized dividend and a dividend yield of 5.26%.

In related news, insider Kyle Mcclements sold 1,814 shares of the firm’s stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of $29.10, for a total value of $52,787.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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BlackRock Science & Technology Trust Profile

BlackRock Science and Technology Trust (the Trust) is a closed-end management investment company. The Trust’s investment objective is to provide income and total return through a combination of current income, current gains and long-term capital appreciation. The Trust invests at least 80% of its assets in equity securities of science and technology companies.

Institutional Ownership by Quarter for BlackRock Science & Technology Trust (NYSE:BST)

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