Concurrent Investment Advisors LLC Has $157,000 Position in BlackRock Income Trust, Inc. (NYSE:BKT)

Concurrent Investment Advisors LLC lifted its position in BlackRock Income Trust, Inc. (NYSE:BKT) by 19.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,641 shares of the company’s stock after acquiring an additional 2,206 shares during the period. Concurrent Investment Advisors LLC owned approximately 0.06% of BlackRock Income Trust worth $157,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of BKT. BDF Gestion acquired a new position in BlackRock Income Trust in the fourth quarter valued at about $67,000. Fortitude Advisory Group L.L.C. grew its position in shares of BlackRock Income Trust by 7.1% in the 4th quarter. Fortitude Advisory Group L.L.C. now owns 24,457 shares of the company’s stock valued at $282,000 after purchasing an additional 1,617 shares during the period. Arkadios Wealth Advisors grew its position in shares of BlackRock Income Trust by 4.2% in the 3rd quarter. Arkadios Wealth Advisors now owns 43,779 shares of the company’s stock valued at $544,000 after purchasing an additional 1,780 shares during the period. Thrivent Financial for Lutherans increased its stake in BlackRock Income Trust by 34.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 66,493 shares of the company’s stock worth $826,000 after purchasing an additional 17,000 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in BlackRock Income Trust during the 3rd quarter worth approximately $13,380,000. Institutional investors own 39.43% of the company’s stock.

BlackRock Income Trust Trading Down 0.1 %

BlackRock Income Trust stock opened at $11.77 on Thursday. The company has a 50 day moving average of $11.60 and a 200-day moving average of $11.97. BlackRock Income Trust, Inc. has a twelve month low of $11.06 and a twelve month high of $12.67.

BlackRock Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.0882 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 8.99%. The ex-dividend date of this dividend is Friday, February 14th.

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.