Oppenheimer & Co. Inc. Has $2.74 Million Stock Position in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

Oppenheimer & Co. Inc. boosted its stake in BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 22.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 142,567 shares of the company’s stock after acquiring an additional 25,737 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in BlackRock Science and Technology Term Trust were worth $2,737,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BSTZ. Truist Financial Corp lifted its stake in BlackRock Science and Technology Term Trust by 0.9% in the second quarter. Truist Financial Corp now owns 56,976 shares of the company’s stock valued at $1,134,000 after buying an additional 531 shares during the period. Dakota Wealth Management increased its position in BlackRock Science and Technology Term Trust by 2.0% in the 2nd quarter. Dakota Wealth Management now owns 35,915 shares of the company’s stock valued at $715,000 after buying an additional 710 shares in the last quarter. Skyline Advisors Inc. lifted 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 in the last quarter. US Bancorp DE raised its holdings in BlackRock Science and Technology Term Trust by 51.4% during the third quarter. US Bancorp DE now owns 2,650 shares of the company’s stock worth $51,000 after buying an additional 900 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of BlackRock Science and Technology Term Trust by 71.3% in the 1st quarter. Bessemer Group Inc. now owns 2,223 shares of the company’s stock worth $43,000 after acquiring an additional 925 shares during the last quarter.

BlackRock Science and Technology Term Trust Price Performance

Shares of BSTZ opened at $20.65 on Friday. BlackRock Science and Technology Term Trust has a 52 week low of $16.21 and a 52 week high of $21.45. The stock has a 50 day moving average price of $19.60 and a two-hundred day moving average price of $19.32.

BlackRock Science and Technology Term Trust Dividend Announcement

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 $0.2155 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.59 annualized dividend and a yield of 12.52%.

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.