EP Wealth Advisors LLC cut its stake in BlackRock Credit Allocation Income Trust (NYSE:BTZ – Free Report) by 5.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 126,029 shares of the investment management company’s stock after selling 7,113 shares during the quarter. EP Wealth Advisors LLC’s holdings in BlackRock Credit Allocation Income Trust were worth $1,347,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in BTZ. 1607 Capital Partners LLC grew its stake in BlackRock Credit Allocation Income Trust by 14.5% during the 4th quarter. 1607 Capital Partners LLC now owns 562,466 shares of the investment management company’s stock worth $5,805,000 after buying an additional 71,100 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in BlackRock Credit Allocation Income Trust by 6.2% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 916,217 shares of the investment management company’s stock valued at $9,455,000 after purchasing an additional 53,833 shares during the last quarter. Mayflower Financial Advisors LLC purchased a new stake in BlackRock Credit Allocation Income Trust during the 4th quarter valued at about $196,000. CTC Alternative Strategies Ltd. purchased a new stake in BlackRock Credit Allocation Income Trust during the 4th quarter valued at about $148,000. Finally, McGlone Suttner Wealth Management Inc. acquired a new position in shares of BlackRock Credit Allocation Income Trust in the 4th quarter valued at about $30,000.
BlackRock Credit Allocation Income Trust Stock Performance
Shares of BTZ stock traded up $0.09 on Friday, hitting $10.71. The company had a trading volume of 264,957 shares, compared to its average volume of 258,986. The company has a 50-day moving average price of $10.63 and a 200-day moving average price of $10.61. BlackRock Credit Allocation Income Trust has a twelve month low of $9.10 and a twelve month high of $11.13.
BlackRock Credit Allocation Income Trust Increases Dividend
About BlackRock Credit Allocation Income Trust
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation.
See Also
- Five stocks we like better than BlackRock Credit Allocation Income Trust
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Why Call Options Volume for These 2 Stocks Spiked Together
- How to Use the MarketBeat Stock Screener
- MarketBeat Week in Review – 7/22 – 7/26
- How Can Investors Benefit From After-Hours Trading
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
Receive News & Ratings for BlackRock Credit Allocation Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Credit Allocation Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.