Vectors Research Management LLC Has $1.29 Million Stock Position in BlackRock Income Trust, Inc. (NYSE:BKT)

Vectors Research Management LLC cut its holdings in shares of BlackRock Income Trust, Inc. (NYSE:BKT) by 27.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 103,953 shares of the company’s stock after selling 39,793 shares during the period. Vectors Research Management LLC’s holdings in BlackRock Income Trust were worth $1,292,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. DT Investment Partners LLC bought a new stake in BlackRock Income Trust during the 2nd quarter worth approximately $103,000. Canal Capital Management LLC bought a new stake in BlackRock Income Trust during the second quarter worth $231,000. Choreo LLC purchased a new stake in BlackRock Income Trust in the 2nd quarter valued at $233,000. WMG Financial Advisors LLC lifted its stake in BlackRock Income Trust by 66.5% during the 2nd quarter. WMG Financial Advisors LLC now owns 24,495 shares of the company’s stock valued at $292,000 after acquiring an additional 9,779 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its holdings in BlackRock Income Trust by 4.2% during the 3rd quarter. Arkadios Wealth Advisors now owns 43,779 shares of the company’s stock worth $544,000 after acquiring an additional 1,780 shares during the last quarter. Institutional investors and hedge funds own 39.43% of the company’s stock.

BlackRock Income Trust Trading Up 0.3 %

NYSE BKT opened at $11.82 on Friday. The company has a fifty day moving average price of $12.23 and a 200-day moving average price of $12.04. BlackRock Income Trust, Inc. has a 1 year low of $11.06 and a 1 year high of $12.67.

BlackRock Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.0882 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.06 annualized dividend and a yield of 8.95%.

About BlackRock Income Trust

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.