International Assets Investment Management LLC bought a new position in BlackRock Income Trust, Inc. (NYSE:BKT - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 107,644 shares of the company's stock, valued at approximately $13,380,000. International Assets Investment Management LLC owned approximately 0.51% of BlackRock Income Trust as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates boosted its holdings in shares of BlackRock Income Trust by 4.8% in the 3rd quarter. Raymond James & Associates now owns 414,630 shares of the company's stock worth $5,154,000 after purchasing an additional 19,061 shares in the last quarter. Melfa Wealth Management Inc. lifted its position in BlackRock Income Trust by 1.3% in the 3rd quarter. Melfa Wealth Management Inc. now owns 374,393 shares of the company's stock worth $4,654,000 after buying an additional 4,896 shares during the last quarter. WMG Financial Advisors LLC boosted its stake in BlackRock Income Trust by 66.5% in the second quarter. WMG Financial Advisors LLC now owns 24,495 shares of the company's stock worth $292,000 after buying an additional 9,779 shares in the last quarter. Choreo LLC bought a new position in BlackRock Income Trust during the second quarter valued at approximately $233,000. Finally, Canal Capital Management LLC bought a new position in BlackRock Income Trust during the second quarter valued at approximately $231,000. Institutional investors own 39.43% of the company's stock.
BlackRock Income Trust Trading Down 1.0 %
Shares of BKT traded down $0.12 during mid-day trading on Thursday, reaching $11.80. The company's stock had a trading volume of 64,340 shares, compared to its average volume of 62,341. BlackRock Income Trust, Inc. has a 52 week low of $10.55 and a 52 week high of $12.67. The company's fifty day moving average price is $12.35 and its two-hundred day moving average price is $11.99.
BlackRock Income Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a $0.0882 dividend. This represents a $1.06 annualized dividend and a yield of 8.97%. The ex-dividend date is Tuesday, October 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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