Courier Capital LLC cut its position in BlackRock Income Trust, Inc. (NYSE:BKT - Free Report) by 45.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 53,636 shares of the company's stock after selling 45,182 shares during the period. Courier Capital LLC owned approximately 0.25% of BlackRock Income Trust worth $618,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Choreo LLC purchased a new position in BlackRock Income Trust in the 2nd quarter worth approximately $233,000. Melfa Wealth Management Inc. raised its stake in shares of BlackRock Income Trust by 1.3% in the third quarter. Melfa Wealth Management Inc. now owns 374,393 shares of the company's stock worth $4,654,000 after purchasing an additional 4,896 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of BlackRock Income Trust by 4.8% during the third quarter. Raymond James & Associates now owns 414,630 shares of the company's stock valued at $5,154,000 after purchasing an additional 19,061 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of BlackRock Income Trust during the third quarter valued at $13,380,000. Finally, Canal Capital Management LLC increased its holdings in BlackRock Income Trust by 13.6% in the 3rd quarter. Canal Capital Management LLC now owns 21,964 shares of the company's stock worth $273,000 after buying an additional 2,632 shares in the last quarter. Institutional investors own 39.43% of the company's stock.
BlackRock Income Trust Price Performance
NYSE:BKT traded up $0.09 during mid-day trading on Tuesday, reaching $11.41. The company's stock had a trading volume of 81,907 shares, compared to its average volume of 49,951. The firm's fifty day moving average price is $11.74 and its two-hundred day moving average price is $12.06. BlackRock Income Trust, Inc. has a 12-month low of $11.06 and a 12-month high of $12.67.
BlackRock Income Trust Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be issued a $0.0882 dividend. This represents a $1.06 annualized dividend and a yield of 9.28%. The ex-dividend date is Wednesday, January 15th.
About BlackRock Income Trust
(
Free Report)
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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