25,265 Shares in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Purchased by Virtu Financial LLC

Virtu Financial LLC acquired a new position in shares of BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,265 shares of the company’s stock, valued at approximately $191,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. J.W. Cole Advisors Inc. purchased a new stake in BlackRock Innovation and Growth Term Trust in the second quarter valued at $75,000. Tempus Wealth Planning LLC purchased a new position in shares of BlackRock Innovation and Growth Term Trust during the second quarter worth $76,000. Dakota Wealth Management boosted its holdings in BlackRock Innovation and Growth Term Trust by 9.4% during the 2nd quarter. Dakota Wealth Management now owns 21,217 shares of the company’s stock valued at $153,000 after acquiring an additional 1,824 shares during the period. International Assets Investment Management LLC acquired a new position in shares of BlackRock Innovation and Growth Term Trust in the third quarter valued at approximately $1,690,000. Finally, PFG Investments LLC grew its stake in shares of BlackRock Innovation and Growth Term Trust by 75.1% in the second quarter. PFG Investments LLC now owns 23,538 shares of the company’s stock worth $170,000 after acquiring an additional 10,099 shares in the last quarter.

Insider Activity at BlackRock Innovation and Growth Term Trust

In other news, major shareholder Saba Capital Management, L.P. acquired 185,716 shares of BlackRock Innovation and Growth Term Trust stock in a transaction on Wednesday, December 4th. The stock was bought at an average price of $8.07 per share, for a total transaction of $1,498,728.12. Following the completion of the purchase, the insider now owns 58,448,770 shares in the company, valued at $471,681,573.90. This represents a 0.32 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have acquired 2,502,242 shares of company stock valued at $19,473,822 over the last quarter.

BlackRock Innovation and Growth Term Trust Stock Performance

Shares of NYSE BIGZ opened at $7.50 on Thursday. The stock’s 50-day moving average is $7.74 and its two-hundred day moving average is $7.48. BlackRock Innovation and Growth Term Trust has a 1-year low of $6.66 and a 1-year high of $8.25.

BlackRock Innovation and Growth Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 16th will be given a $0.0868 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 13.88%. The ex-dividend date is Monday, December 16th.

BlackRock Innovation and Growth Term Trust Company Profile

BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.