BlackRock Income Trust (NYSE:BKT)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $5.56 and last traded at $5.58, with a volume of 122973 shares traded. The stock had previously closed at $5.59.
The business also recently announced a monthly dividend, which will be paid on Friday, November 30th. Investors of record on Thursday, November 15th will be issued a $0.0344 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 7.39%. The ex-dividend date of this dividend is Wednesday, November 14th.
Several hedge funds and other institutional investors have recently modified their holdings of BKT. Financial & Investment Management Group Ltd. acquired a new position in shares of BlackRock Income Trust in the 2nd quarter worth $127,000. Whitener Capital Management Inc. grew its holdings in shares of BlackRock Income Trust by 19.7% during the second quarter. Whitener Capital Management Inc. now owns 61,200 shares of the company’s stock valued at $356,000 after buying an additional 10,080 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of BlackRock Income Trust during the second quarter valued at $439,000. First Trust Advisors LP purchased a new position in shares of BlackRock Income Trust during the third quarter valued at $659,000. Finally, Dakota Wealth Management purchased a new position in shares of BlackRock Income Trust during the third quarter valued at $795,000. Institutional investors and hedge funds own 54.32% of the company’s stock.
BlackRock Income Trust Company Profile (NYSE:BKT)
There is no company description available for BlackRock Income Trust.
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