Allspring Global Investments Holdings LLC reduced its position in shares of BlackRock Income Trust, Inc. (NYSE:BKT - Free Report) by 22.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 992,981 shares of the company's stock after selling 289,459 shares during the period. Allspring Global Investments Holdings LLC owned 4.66% of BlackRock Income Trust worth $12,343,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. DT Investment Partners LLC purchased a new position in BlackRock Income Trust in the 2nd quarter worth about $103,000. Canal Capital Management LLC bought a new position in BlackRock Income Trust in the 2nd quarter valued at $231,000. Choreo LLC purchased a new position in BlackRock Income Trust in the 2nd quarter worth about $233,000. WMG Financial Advisors LLC increased its holdings 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 worth $292,000 after purchasing an additional 9,779 shares during the period. Finally, Melfa Wealth Management Inc. raised its holdings 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 valued at $4,654,000 after acquiring an additional 4,896 shares in the last quarter. 39.43% of the stock is owned by hedge funds and other institutional investors.
BlackRock Income Trust Price Performance
NYSE BKT traded up $0.01 on Friday, hitting $11.99. The stock had a trading volume of 72,335 shares, compared to its average volume of 62,390. BlackRock Income Trust, Inc. has a 52-week low of $10.55 and a 52-week high of $12.67. The business's fifty day moving average price is $12.38 and its 200 day moving average price is $11.98.
BlackRock Income Trust Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.0882 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 8.83%.
BlackRock Income Trust Profile
(
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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