Envestnet Asset Management Inc. boosted its position in BlackRock Income Trust (NYSE:BKT) by 8.8% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 47,239 shares of the company’s stock after acquiring an additional 3,808 shares during the period. Envestnet Asset Management Inc. owned 0.07% of BlackRock Income Trust worth $286,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in BKT. Steward Partners Investment Advisory LLC bought a new stake in BlackRock Income Trust in the 2nd quarter valued at about $33,000. Millennium Management LLC bought a new stake in BlackRock Income Trust in the 4th quarter valued at about $62,000. Janney Montgomery Scott LLC bought a new stake in BlackRock Income Trust in the 2nd quarter valued at about $70,000. FNY Investment Advisers LLC raised its stake in BlackRock Income Trust by 54.2% in the 2nd quarter. FNY Investment Advisers LLC now owns 36,710 shares of the company’s stock valued at $222,000 after acquiring an additional 12,900 shares during the period. Finally, HNP Capital LLC raised its stake in BlackRock Income Trust by 3.6% in the 2nd quarter. HNP Capital LLC now owns 108,421 shares of the company’s stock valued at $656,000 after acquiring an additional 3,734 shares during the period. Institutional investors and hedge funds own 52.94% of the company’s stock.
Shares of BlackRock Income Trust stock opened at $5.98 on Friday. BlackRock Income Trust has a 52-week low of $5.55 and a 52-week high of $6.16. The stock’s 50-day simple moving average is $6.06 and its 200 day simple moving average is $5.98.
The company also recently disclosed a — dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a $0.0344 dividend. This represents a yield of 6.8%. The ex-dividend date is Friday, September 13th.
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.
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