105,479 Shares in BlackRock Income Trust, Inc. (NYSE:BKT) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new stake in shares of BlackRock Income Trust, Inc. (NYSE:BKT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 105,479 shares of the company's stock, valued at approximately $12,850,000. International Assets Investment Management LLC owned 0.49% of BlackRock Income Trust at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of BKT. Raymond James & Associates lifted its position in shares of BlackRock Income Trust by 1.2% during the third quarter. Raymond James & Associates now owns 183,958 shares of the company's stock worth $2,093,000 after purchasing an additional 2,130 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of BlackRock Income Trust by 8.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,205,748 shares of the company's stock valued at $13,721,000 after purchasing an additional 90,370 shares during the period. Melfa Wealth Management LLC grew its position in shares of BlackRock Income Trust by 3.9% in the third quarter. Melfa Wealth Management LLC now owns 347,800 shares of the company's stock valued at $3,958,000 after purchasing an additional 13,204 shares during the period. GraniteShares Advisors LLC grew its position in shares of BlackRock Income Trust by 4.0% in the third quarter. GraniteShares Advisors LLC now owns 116,070 shares of the company's stock valued at $1,321,000 after purchasing an additional 4,450 shares during the period. Finally, Virtus ETF Advisers LLC acquired a new position in BlackRock Income Trust during the third quarter worth about $654,000. Institutional investors own 39.43% of the company's stock.

BlackRock Income Trust Stock Performance

BKT traded up $0.06 on Monday, reaching $11.53. 60,235 shares of the company's stock were exchanged, compared to its average volume of 63,187. BlackRock Income Trust, Inc. has a twelve month low of $10.55 and a twelve month high of $12.74. The stock's fifty day moving average price is $11.66 and its 200-day moving average price is $11.72.

BlackRock Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be issued a $0.0882 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.06 annualized dividend and a yield of 9.18%.

BlackRock Income Trust Company Profile

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.