City of London Investment Management Co. Ltd. Sells 38,474 Shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

City of London Investment Management Co. Ltd. reduced its position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 17.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 186,268 shares of the company’s stock after selling 38,474 shares during the period. City of London Investment Management Co. Ltd.’s holdings in BlackRock Science and Technology Term Trust were worth $3,709,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of BSTZ. Wedbush Securities Inc. boosted its stake in BlackRock Science and Technology Term Trust by 13.3% during the 2nd quarter. Wedbush Securities Inc. now owns 683,666 shares of the company’s stock valued at $13,612,000 after purchasing an additional 80,260 shares during the last quarter. Blue Bell Private Wealth Management LLC grew its position in shares of BlackRock Science and Technology Term Trust by 23.2% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 158,947 shares of the company’s stock valued at $3,165,000 after acquiring an additional 29,880 shares during the period. Wolverine Asset Management LLC purchased a new stake in shares of BlackRock Science and Technology Term Trust during the 2nd quarter worth approximately $32,000. Skyline Advisors Inc. raised its holdings in shares of BlackRock Science and Technology Term Trust by 0.9% in the 2nd quarter. Skyline Advisors Inc. now owns 86,968 shares of the company’s stock worth $1,732,000 after purchasing an additional 765 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in BlackRock Science and Technology Term Trust by 12.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 62,377 shares of the company’s stock valued at $1,242,000 after purchasing an additional 6,954 shares during the last quarter.

BlackRock Science and Technology Term Trust Price Performance

Shares of NASDAQ BSTZ opened at $18.91 on Monday. The stock has a fifty day simple moving average of $19.03 and a two-hundred day simple moving average of $18.94. BlackRock Science and Technology Term Trust has a 1-year low of $14.11 and a 1-year high of $20.95.

BlackRock Science and Technology Term Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a $0.214 dividend. The ex-dividend date is Tuesday, October 15th.

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.