Landscape Capital Management L.L.C. Buys Shares of 32,561 BlackRock Health Sciences Term Trust (NYSE:BMEZ)

Landscape Capital Management L.L.C. purchased a new position in shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 32,561 shares of the company’s stock, valued at approximately $469,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Virtu Financial LLC bought a new position in BlackRock Health Sciences Term Trust in the fourth quarter valued at about $206,000. Brooklyn FI LLC acquired a new position in BlackRock Health Sciences Term Trust during the 4th quarter worth approximately $826,000. GWN Securities Inc. bought a new position in BlackRock Health Sciences Term Trust in the 4th quarter valued at approximately $404,000. Corient Private Wealth LLC boosted its position in BlackRock Health Sciences Term Trust by 24.9% in the fourth quarter. Corient Private Wealth LLC now owns 26,225 shares of the company’s stock valued at $378,000 after buying an additional 5,224 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of BlackRock Health Sciences Term Trust by 3.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 102,437 shares of the company’s stock worth $1,475,000 after buying an additional 3,635 shares during the last quarter.

BlackRock Health Sciences Term Trust Trading Down 2.6 %

Shares of NYSE:BMEZ opened at $13.26 on Tuesday. BlackRock Health Sciences Term Trust has a 52-week low of $12.58 and a 52-week high of $16.75. The company has a fifty day moving average of $15.53 and a 200-day moving average of $15.51.

BlackRock Health Sciences Term Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be issued a $0.174 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $2.09 dividend on an annualized basis and a yield of 15.74%.

BlackRock Health Sciences Term Trust Profile

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.