City of London Investment Management Co. Ltd. Sells 70,344 Shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ)

City of London Investment Management Co. Ltd. trimmed its position in shares of BlackRock Health Sciences Term Trust (NYSE:BMEZ) by 23.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 232,300 shares of the company’s stock after selling 70,344 shares during the period. City of London Investment Management Co. Ltd.’s holdings in BlackRock Health Sciences Term Trust were worth $3,568,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. lifted its stake in BlackRock Health Sciences Term Trust by 21.7% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 5,830 shares of the company’s stock worth $96,000 after purchasing an additional 1,038 shares in the last quarter. Register Financial Advisors LLC lifted its holdings in shares of BlackRock Health Sciences Term Trust by 5,365.6% in the 2nd quarter. Register Financial Advisors LLC now owns 6,832 shares of the company’s stock worth $105,000 after acquiring an additional 6,707 shares during the last quarter. Shaker Financial Services LLC purchased a new position in shares of BlackRock Health Sciences Term Trust during the second quarter valued at approximately $184,000. Pine Valley Investments Ltd Liability Co raised its holdings in shares of BlackRock Health Sciences Term Trust by 6.7% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 13,088 shares of the company’s stock worth $192,000 after buying an additional 822 shares during the period. Finally, Comerica Bank increased its stake in BlackRock Health Sciences Term Trust by 31.1% in the first quarter. Comerica Bank now owns 15,469 shares of the company’s stock worth $254,000 after purchasing an additional 3,671 shares during the period.

BlackRock Health Sciences Term Trust Stock Up 0.6 %

BlackRock Health Sciences Term Trust stock opened at 16.05 on Monday. The company has a 50 day moving average price of 15.79 and a 200-day moving average price of 15.56. BlackRock Health Sciences Term Trust has a fifty-two week low of 12.93 and a fifty-two week high of 16.59.

BlackRock Health Sciences Term Trust Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.176 per share. The ex-dividend date of this dividend is Tuesday, October 15th.

About BlackRock Health Sciences Term Trust

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.