First Allied Advisory Services Inc. Has $1.22 Million Stake in Blackrock Health Sciences Trust (BME)

First Allied Advisory Services Inc. increased its position in Blackrock Health Sciences Trust (NYSE:BME) by 4.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 33,503 shares of the company’s stock after acquiring an additional 1,541 shares during the period. First Allied Advisory Services Inc.’s holdings in Blackrock Health Sciences Trust were worth $1,220,000 at the end of the most recent quarter.

Separately, Ladenburg Thalmann Financial Services Inc. raised its position in shares of Blackrock Health Sciences Trust by 59.8% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,068 shares of the company’s stock valued at $148,000 after buying an additional 1,523 shares during the last quarter.

Blackrock Health Sciences Trust (BME) opened at $34.52 on Wednesday. Blackrock Health Sciences Trust has a 52-week low of $32.81 and a 52-week high of $38.00.

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Thursday, February 15th will be given a $0.20 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.95%. The ex-dividend date of this dividend is Wednesday, February 14th.

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Blackrock Health Sciences Trust Profile

BlackRock Health Sciences Trust is a non-diversified, closed-end management investment company (the Trust). The Trust’s investment objective is to provide total return 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 assets in equity securities of companies engaged in the health sciences and related industries and equity derivatives with exposure to the health sciences industry.

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