Claro Advisors LLC Has $1.73 Million Holdings in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Claro Advisors LLC trimmed its position in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 6.9% during the first quarter, Holdings Channel.com reports. The firm owned 89,096 shares of the company’s stock after selling 6,552 shares during the period. Claro Advisors LLC’s holdings in BlackRock Science and Technology Term Trust were worth $1,728,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of BSTZ. Karpus Management Inc. raised its holdings in BlackRock Science and Technology Term Trust by 7.3% during the fourth quarter. Karpus Management Inc. now owns 1,360,614 shares of the company’s stock worth $22,736,000 after buying an additional 92,824 shares during the last quarter. 1607 Capital Partners LLC lifted its position in BlackRock Science and Technology Term Trust by 18.0% in the 4th quarter. 1607 Capital Partners LLC now owns 736,194 shares of the company’s stock valued at $12,302,000 after acquiring an additional 112,138 shares in the last quarter. Lazard Asset Management LLC boosted its stake in BlackRock Science and Technology Term Trust by 81.2% during the 3rd quarter. Lazard Asset Management LLC now owns 615,054 shares of the company’s stock valued at $10,148,000 after purchasing an additional 275,559 shares during the last quarter. Quantedge Capital Pte Ltd increased its holdings in BlackRock Science and Technology Term Trust by 66.6% during the 4th quarter. Quantedge Capital Pte Ltd now owns 606,122 shares of the company’s stock worth $10,128,000 after purchasing an additional 242,200 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in BlackRock Science and Technology Term Trust by 2.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 469,320 shares of the company’s stock worth $7,842,000 after purchasing an additional 9,321 shares in the last quarter.

BlackRock Science and Technology Term Trust Stock Up 2.4 %

Shares of BSTZ stock traded up $0.47 during trading hours on Monday, reaching $20.38. The company had a trading volume of 279,824 shares, compared to its average volume of 256,307. BlackRock Science and Technology Term Trust has a 12 month low of $14.11 and a 12 month high of $20.54. The business has a fifty day simple moving average of $18.88 and a 200-day simple moving average of $18.24.

BlackRock Science and Technology Term Trust Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a dividend of $0.2113 per share. The ex-dividend date was Friday, June 14th. This is a boost from BlackRock Science and Technology Term Trust’s previous monthly dividend of $0.11. This represents a $2.54 annualized dividend and a yield of 12.44%.

About BlackRock Science and Technology Term Trust

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.