ETRADE Capital Management LLC bought a new stake in BlackRock Income Trust Inc. (NYSE:BKT) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 22,575 shares of the company’s stock, valued at approximately $142,000.

Other institutional investors have also made changes to their positions in the company. Oppenheimer & Co. Inc. increased its holdings in shares of BlackRock Income Trust by 40.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 96,276 shares of the company’s stock valued at $605,000 after acquiring an additional 27,671 shares during the period. Wells Fargo & Company MN increased its stake in BlackRock Income Trust by 4.0% in the 2nd quarter. Wells Fargo & Company MN now owns 5,711,965 shares of the company’s stock valued at $36,386,000 after buying an additional 220,704 shares during the period. Stifel Financial Corp increased its stake in BlackRock Income Trust by 5.8% in the 2nd quarter. Stifel Financial Corp now owns 38,211 shares of the company’s stock valued at $244,000 after buying an additional 2,086 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in BlackRock Income Trust by 14.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 23,895 shares of the company’s stock valued at $152,000 after buying an additional 2,987 shares during the period. Finally, Doliver Capital Advisors LP increased its stake in BlackRock Income Trust by 1.9% in the 2nd quarter. Doliver Capital Advisors LP now owns 60,904 shares of the company’s stock valued at $388,000 after buying an additional 1,137 shares during the period. 51.28% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Income Trust Inc. (NYSE BKT) opened at $6.11 on Wednesday. BlackRock Income Trust Inc. has a 12 month low of $6.06 and a 12 month high of $6.40.

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Tuesday, December 12th will be paid a dividend of $0.0265 per share. The ex-dividend date is Monday, December 11th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.20%.

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About BlackRock Income Trust

BlackRock Income Trust, Inc (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income and capital appreciation. The Trust seeks to achieve its investment objective by investing at least 75% of its managed assets in bonds that are investment grade quality at the time of investment.

Institutional Ownership by Quarter for BlackRock Income Trust (NYSE:BKT)

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