C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Makes New Investment in BlackRock Health Sciences Term Trust (NYSE:BMEZ)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 32,708 shares of the company’s stock, valued at approximately $471,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brown Brothers Harriman & Co. purchased a new stake in BlackRock Health Sciences Term Trust during the third quarter valued at $32,000. K2 Principal Fund L.P. bought a new stake in shares of BlackRock Health Sciences Term Trust in the 3rd quarter worth about $158,000. Dakota Wealth Management raised its position in shares of BlackRock Health Sciences Term Trust by 23.4% during the 3rd quarter. Dakota Wealth Management now owns 22,509 shares of the company’s stock valued at $357,000 after buying an additional 4,267 shares in the last quarter. Jane Street Group LLC bought a new position in shares of BlackRock Health Sciences Term Trust in the 3rd quarter valued at about $357,000. Finally, Kingswood Wealth Advisors LLC purchased a new position in BlackRock Health Sciences Term Trust in the fourth quarter worth about $420,000.

BlackRock Health Sciences Term Trust Stock Performance

Shares of BMEZ stock opened at $15.97 on Thursday. BlackRock Health Sciences Term Trust has a 1 year low of $14.27 and a 1 year high of $16.75. The stock’s 50 day simple moving average is $15.55 and its two-hundred day simple moving average is $15.67.

BlackRock Health Sciences Term Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.1773 per share. The ex-dividend date is Friday, February 14th. This represents a $2.13 annualized dividend and a yield of 13.32%.

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.