Whitener Capital Management Inc. Buys 10,080 Shares of BlackRock Income Trust (BKT)

Whitener Capital Management Inc. lifted its stake in BlackRock Income Trust (NYSE:BKT) by 19.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,200 shares of the company’s stock after acquiring an additional 10,080 shares during the period. Whitener Capital Management Inc. owned 0.10% of BlackRock Income Trust worth $356,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Icon Advisers Inc. Co. increased its position in BlackRock Income Trust by 33.9% during the second quarter. Icon Advisers Inc. Co. now owns 1,313,609 shares of the company’s stock worth $7,658,000 after acquiring an additional 332,522 shares during the period. Wells Fargo & Company MN grew its stake in BlackRock Income Trust by 4.3% during the second quarter. Wells Fargo & Company MN now owns 8,460,441 shares of the company’s stock worth $49,324,000 after buying an additional 351,228 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in BlackRock Income Trust by 114.4% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 146,608 shares of the company’s stock worth $855,000 after buying an additional 78,220 shares in the last quarter. Financial & Investment Management Group Ltd. acquired a new stake in BlackRock Income Trust during the second quarter worth about $127,000. Finally, 1607 Capital Partners LLC grew its stake in BlackRock Income Trust by 6.0% during the first quarter. 1607 Capital Partners LLC now owns 1,689,035 shares of the company’s stock worth $9,915,000 after buying an additional 95,079 shares in the last quarter. 49.94% of the stock is owned by hedge funds and other institutional investors.

BlackRock Income Trust stock remained flat at $$5.79 during trading hours on Thursday. 4,818 shares of the company’s stock were exchanged, compared to its average volume of 106,254. BlackRock Income Trust has a 12-month low of $5.70 and a 12-month high of $6.40.

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 31st. Shareholders of record on Monday, July 16th were paid a dividend of $0.0265 per share. The ex-dividend date of this dividend was Friday, July 13th. This represents a $0.32 dividend on an annualized basis and a yield of 5.49%.

About BlackRock Income Trust

There is no company description available for BlackRock Income Trust.

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Institutional Ownership by Quarter for BlackRock Income Trust (NYSE:BKT)

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