Walkner Condon Financial Advisors LLC Buys New Position in BlackRock Multi-Sector Income Trust (NYSE:BIT)

Walkner Condon Financial Advisors LLC purchased a new position in shares of BlackRock Multi-Sector Income Trust (NYSE:BIT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,500 shares of the investment management company’s stock, valued at approximately $197,000.

Several other large investors have also recently made changes to their positions in the business. Elm3 Financial Group LLC purchased a new position in shares of BlackRock Multi-Sector Income Trust during the fourth quarter worth approximately $339,000. U.S. Capital Wealth Advisors LLC purchased a new position in shares of BlackRock Multi-Sector Income Trust during the fourth quarter worth approximately $1,539,000. Spire Wealth Management purchased a new position in shares of BlackRock Multi-Sector Income Trust during the fourth quarter worth approximately $146,000. Cyndeo Wealth Partners LLC raised its stake in shares of BlackRock Multi-Sector Income Trust by 28.8% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 563,880 shares of the investment management company’s stock worth $8,233,000 after acquiring an additional 126,000 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new position in shares of BlackRock Multi-Sector Income Trust during the fourth quarter worth approximately $27,000.

BlackRock Multi-Sector Income Trust Price Performance

BIT stock opened at $14.75 on Friday. BlackRock Multi-Sector Income Trust has a one year low of $14.22 and a one year high of $15.98. The company’s 50 day moving average price is $14.63 and its two-hundred day moving average price is $14.78.

BlackRock Multi-Sector Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.1237 dividend. This represents a $1.48 annualized dividend and a dividend yield of 10.06%. The ex-dividend date is Friday, February 14th.

BlackRock Multi-Sector Income Trust Profile

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.