Wells Fargo & Company MN increased its holdings in shares of BlackRock Income Trust (NYSE:BKT) by 3.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,733,963 shares of the company’s stock after purchasing an additional 273,522 shares during the quarter. Wells Fargo & Company MN owned 13.69% of BlackRock Income Trust worth $49,959,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Raymond James Financial Services Advisors Inc. grew its stake in shares of BlackRock Income Trust by 114.4% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 146,608 shares of the company’s stock worth $855,000 after buying an additional 78,220 shares in the last quarter. Icon Advisers Inc. Co. grew its stake in shares of BlackRock Income Trust by 33.9% in the 2nd quarter. Icon Advisers Inc. Co. now owns 1,313,609 shares of the company’s stock worth $7,658,000 after buying an additional 332,522 shares in the last quarter. Whitener Capital Management Inc. grew its stake in shares of BlackRock Income Trust by 19.7% in the 2nd quarter. Whitener Capital Management Inc. now owns 61,200 shares of the company’s stock worth $356,000 after buying an additional 10,080 shares in the last quarter. Oxbow Advisors LLC purchased a new position in shares of BlackRock Income Trust in the 2nd quarter worth $1,125,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of BlackRock Income Trust in the 2nd quarter worth $439,000. 54.79% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:BKT opened at $5.58 on Wednesday. BlackRock Income Trust has a 52 week low of $5.55 and a 52 week high of $6.19.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 30th. Shareholders of record on Thursday, November 15th will be paid a $0.0344 dividend. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 7.40%.

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BlackRock Income Trust Company Profile

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.

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Institutional Ownership by Quarter for BlackRock Income Trust (NYSE:BKT)

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