Oppenheimer & Co. Inc. Acquires 49,761 Shares of BlackRock Science and Technology Trust $BST

Oppenheimer & Co. Inc. bought a new stake in BlackRock Science and Technology Trust (NYSE:BST) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 49,761 shares of the company’s stock, valued at approximately $2,487,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wedbush Securities Inc. acquired a new stake in BlackRock Science and Technology Trust in the 3rd quarter valued at $6,102,000. PMG Family Office LLC raised its position in BlackRock Science and Technology Trust by 0.5% in the third quarter. PMG Family Office LLC now owns 64,894 shares of the company’s stock valued at $3,243,000 after purchasing an additional 306 shares during the period. Focus Financial Network Inc. lifted its stake in shares of BlackRock Science and Technology Trust by 6.9% during the third quarter. Focus Financial Network Inc. now owns 19,766 shares of the company’s stock worth $988,000 after purchasing an additional 1,283 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in shares of BlackRock Science and Technology Trust during the third quarter worth about $563,000. Finally, David J Yvars Group lifted its stake in shares of BlackRock Science and Technology Trust by 10.4% during the third quarter. David J Yvars Group now owns 24,621 shares of the company’s stock worth $1,230,000 after purchasing an additional 2,318 shares in the last quarter.

BlackRock Science and Technology Trust Stock Down 4.1%

Shares of NYSE BST opened at $46.90 on Friday. BlackRock Science and Technology Trust has a 1-year low of $34.87 and a 1-year high of $52.32. The business has a 50-day moving average of $49.34 and a 200-day moving average of $44.97.

BlackRock Science and Technology Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be issued a dividend of $0.25 per share. This represents a $3.00 annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Friday, December 11th.

BlackRock Science and Technology Trust Company Profile

BlackRock Science and Technology Trust is a non-diversified, closed-end investment fund listed on the New York Stock Exchange under the symbol BST. The fund is advised by BlackRock Advisors, LLC, an affiliate of BlackRock, Inc, and is designed to provide investors with exposure to companies operating in the science and technology sectors.

BST seeks to generate total returns through a combination of current income, current gains and long-term capital appreciation. It generally invests in equity securities issued by science and technology companies, including businesses involved in areas such as software, semiconductors, hardware, communications, biotechnology and other technology-related industries.