Invesco Ltd. Grows Stock Position in BlackRock Income Trust, Inc. (NYSE:BKT)

Invesco Ltd. raised its holdings in BlackRock Income Trust, Inc. (NYSE:BKT - Free Report) by 19.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 212,649 shares of the company's stock after buying an additional 34,937 shares during the quarter. Invesco Ltd. owned approximately 1.00% of BlackRock Income Trust worth $2,450,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of BKT. Fortitude Advisory Group L.L.C. increased its holdings in shares of BlackRock Income Trust by 7.1% during the 4th quarter. Fortitude Advisory Group L.L.C. now owns 24,457 shares of the company's stock worth $282,000 after buying an additional 1,617 shares during the last quarter. BDF Gestion purchased a new position in shares of BlackRock Income Trust in the 4th quarter worth about $67,000. Concurrent Investment Advisors LLC grew its holdings in shares of BlackRock Income Trust by 19.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 13,641 shares of the company's stock worth $157,000 after purchasing an additional 2,206 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of BlackRock Income Trust in the fourth quarter worth $12,815,000. Finally, Commonwealth Equity Services LLC increased its holdings in BlackRock Income Trust by 5.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 17,497 shares of the company's stock valued at $202,000 after purchasing an additional 978 shares in the last quarter. Institutional investors and hedge funds own 39.43% of the company's stock.

BlackRock Income Trust Trading Down 0.5 %

Shares of NYSE:BKT opened at $11.58 on Tuesday. The business's 50-day simple moving average is $11.63 and its 200 day simple moving average is $11.72. BlackRock Income Trust, Inc. has a one year low of $11.21 and a one year high of $12.67.

BlackRock Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a $0.0882 dividend. This represents a $1.06 annualized dividend and a dividend yield of 9.14%. The ex-dividend date of this dividend is Tuesday, April 15th.

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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