Guggenheim Capital LLC Grows Stock Holdings in BlackRock Income Trust, Inc. (NYSE:BKT)

Guggenheim Capital LLC grew its stake in BlackRock Income Trust, Inc. (NYSE:BKT - Free Report) by 32.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 789,229 shares of the company's stock after purchasing an additional 194,603 shares during the period. Guggenheim Capital LLC owned approximately 3.70% of BlackRock Income Trust worth $9,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in BKT. BDF Gestion purchased a new stake in BlackRock Income Trust in the 4th quarter valued at $67,000. Concurrent Investment Advisors LLC increased its position in BlackRock Income Trust by 19.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 13,641 shares of the company's stock worth $157,000 after purchasing an additional 2,206 shares during the last quarter. World Investment Advisors purchased a new position in BlackRock Income Trust during the fourth quarter worth about $170,000. Commonwealth Equity Services LLC boosted its holdings in BlackRock Income Trust by 5.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 17,497 shares of the company's stock valued at $202,000 after purchasing an additional 978 shares during the last quarter. Finally, Fortitude Advisory Group L.L.C. grew its stake 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 buying an additional 1,617 shares during the period. Institutional investors and hedge funds own 39.43% of the company's stock.

BlackRock Income Trust Stock Down 0.4 %

Shares of BKT stock traded down $0.05 during trading on Friday, hitting $11.39. 49,190 shares of the stock traded hands, compared to its average volume of 65,676. BlackRock Income Trust, Inc. has a 52-week low of $11.06 and a 52-week high of $12.67. The firm's fifty day moving average price is $11.66 and its 200-day moving average price is $11.76.

BlackRock Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a $0.0882 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $1.06 dividend on an annualized basis and a yield of 9.30%.

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.