Blackrock Income Trust $BKT Shares Sold by Virtus Investment Advisers LLC

by · The Cerbat Gem

Virtus Investment Advisers LLC trimmed its holdings in shares of Blackrock Income Trust (NYSE:BKT – Free Report) by 27.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,752 shares of the company’s stock after selling 23,219 shares during the quarter. Virtus Investment Advisers LLC’s holdings in Blackrock Income Trust were worth $714,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Sit Investment Associates Inc. boosted its stake in Blackrock Income Trust by 76.5% during the first quarter. Sit Investment Associates Inc. now owns 3,438,065 shares of the company’s stock worth $40,741,000 after buying an additional 1,489,662 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Blackrock Income Trust by 4.1% in the 1st quarter. Raymond James Financial Inc. now owns 1,157,663 shares of the company’s stock worth $13,718,000 after acquiring an additional 45,257 shares during the last quarter. Guggenheim Capital LLC lifted its holdings in shares of Blackrock Income Trust by 19.2% in the 1st quarter. Guggenheim Capital LLC now owns 941,125 shares of the company’s stock worth $11,152,000 after acquiring an additional 151,896 shares during the last quarter. Invesco Ltd. boosted its position in shares of Blackrock Income Trust by 1.9% during the 1st quarter. Invesco Ltd. now owns 216,607 shares of the company’s stock worth $2,567,000 after purchasing an additional 3,958 shares during the period. Finally, Consolidated Portfolio Review Corp increased its holdings in Blackrock Income Trust by 311.8% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 197,232 shares of the company’s stock valued at $2,317,000 after purchasing an additional 149,338 shares during the last quarter. Institutional investors and hedge funds own 39.43% of the company’s stock.

Blackrock Income Trust Price Performance

Shares of NYSE BKT opened at $11.12 on Friday. Blackrock Income Trust has a 52-week low of $10.85 and a 52-week high of $12.24. The business’s 50 day moving average is $11.17 and its two-hundred day moving average is $11.47.

Blackrock Income Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were paid a dividend of $0.0882 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a c) annualized dividend and a yield of 9.5%.

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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