Allspring Global Investments Holdings LLC grew its stake in BlackRock Income Trust, Inc. (NYSE:BKT - Free Report) by 6.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,282,440 shares of the company's stock after purchasing an additional 76,692 shares during the period. Allspring Global Investments Holdings LLC owned about 6.02% of BlackRock Income Trust worth $15,620,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of BKT. IFP Advisors Inc acquired a new stake in BlackRock Income Trust in the 3rd quarter worth $25,000. Tower Research Capital LLC TRC acquired a new stake in shares of BlackRock Income Trust during the 1st quarter valued at about $37,000. Comerica Bank acquired a new stake in shares of BlackRock Income Trust during the 3rd quarter valued at about $66,000. Centaurus Financial Inc. acquired a new stake in shares of BlackRock Income Trust during the 1st quarter valued at about $68,000. Finally, Allworth Financial LP acquired a new stake in shares of BlackRock Income Trust during the 4th quarter valued at about $82,000. 39.43% of the stock is currently owned by institutional investors and hedge funds.
BlackRock Income Trust Price Performance
Shares of BlackRock Income Trust stock traded down $0.08 during trading on Monday, hitting $11.20. 84,416 shares of the company's stock traded hands, compared to its average volume of 64,117. The firm's fifty day moving average price is $11.82 and its 200 day moving average price is $11.71. BlackRock Income Trust, Inc. has a twelve month low of $10.55 and a twelve month high of $12.74.
BlackRock Income Trust Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be given a dividend of $0.0882 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $1.06 annualized dividend and a dividend yield of 9.45%.
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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