Landscape Capital Management L.L.C. Sells 29,703 Shares of BlackRock Health Sciences Trust (NYSE:BME)

Landscape Capital Management L.L.C. cut its stake in shares of BlackRock Health Sciences Trust (NYSE:BMEFree Report) by 59.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,111 shares of the company’s stock after selling 29,703 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in BlackRock Health Sciences Trust were worth $763,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. HBK Sorce Advisory LLC boosted its stake in shares of BlackRock Health Sciences Trust by 14.8% during the fourth quarter. HBK Sorce Advisory LLC now owns 8,194 shares of the company’s stock valued at $311,000 after purchasing an additional 1,057 shares during the period. Hara Capital LLC bought a new stake in BlackRock Health Sciences Trust during the 4th quarter valued at $832,000. AlphaStar Capital Management LLC purchased a new stake in BlackRock Health Sciences Trust during the 4th quarter valued at $878,000. Janney Montgomery Scott LLC grew its holdings in BlackRock Health Sciences Trust by 40.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 32,787 shares of the company’s stock worth $1,244,000 after acquiring an additional 9,455 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of BlackRock Health Sciences Trust in the fourth quarter valued at about $3,250,000.

BlackRock Health Sciences Trust Stock Down 4.8 %

Shares of NYSE:BME opened at $36.32 on Monday. BlackRock Health Sciences Trust has a 12 month low of $35.92 and a 12 month high of $42.64. The company has a 50-day moving average price of $39.68 and a 200-day moving average price of $39.83.

BlackRock Health Sciences Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be issued a $0.2621 dividend. This represents a $3.15 annualized dividend and a yield of 8.66%. The ex-dividend date of this dividend is Tuesday, April 15th.

About BlackRock Health Sciences Trust

(Free Report)

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services.

See Also

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Institutional Ownership by Quarter for BlackRock Health Sciences Trust (NYSE:BME)

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