Founders Financial Alliance LLC Sells 449 Shares of BlackRock Health Sciences Trust (NYSE:BME)

Founders Financial Alliance LLC trimmed its holdings in shares of BlackRock Health Sciences Trust (NYSE:BME) by 4.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,174 shares of the company’s stock after selling 449 shares during the period. Founders Financial Alliance LLC’s holdings in BlackRock Health Sciences Trust were worth $412,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Stonebridge Capital Advisors LLC acquired a new position in shares of BlackRock Health Sciences Trust during the third quarter worth approximately $31,000. Farmers & Merchants Investments Inc. purchased a new stake in BlackRock Health Sciences Trust in the 4th quarter valued at $40,000. Truist Financial Corp bought a new position in BlackRock Health Sciences Trust during the 4th quarter valued at $213,000. HBK Sorce Advisory LLC lifted its stake in BlackRock Health Sciences Trust by 7.0% during the 3rd quarter. HBK Sorce Advisory LLC now owns 5,876 shares of the company’s stock valued at $230,000 after acquiring an additional 386 shares in the last quarter. Finally, L.M. Kohn & Company lifted its stake in BlackRock Health Sciences Trust by 9.9% during the 4th quarter. L.M. Kohn & Company now owns 7,782 shares of the company’s stock valued at $315,000 after acquiring an additional 704 shares in the last quarter.

BlackRock Health Sciences Trust Price Performance

NYSE:BME traded down $0.04 during trading hours on Friday, hitting $40.04. 22,644 shares of the company traded hands, compared to its average volume of 32,556. The firm’s 50-day simple moving average is $39.96 and its 200-day simple moving average is $40.36. BlackRock Health Sciences Trust has a one year low of $35.53 and a one year high of $42.86.

BlackRock Health Sciences Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a dividend of $0.213 per share. This represents a $2.56 dividend on an annualized basis and a dividend yield of 6.38%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Health Sciences Trust Company Profile

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services.