BlackRock Income Trust Inc. (BKT) Position Lifted by Ameriprise Financial Inc.

Ameriprise Financial Inc. increased its stake in BlackRock Income Trust Inc. (NYSE:BKT) by 13.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,035 shares of the company’s stock after purchasing an additional 7,580 shares during the period. Ameriprise Financial Inc.’s holdings in BlackRock Income Trust were worth $414,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of BKT. Wells Fargo & Company MN increased its position in shares of BlackRock Income Trust by 4.0% in the second quarter. Wells Fargo & Company MN now owns 5,711,965 shares of the company’s stock worth $36,386,000 after purchasing an additional 220,704 shares during the period. Usca Ria LLC increased its position in shares of BlackRock Income Trust by 8.5% in the second quarter. Usca Ria LLC now owns 144,375 shares of the company’s stock worth $920,000 after purchasing an additional 11,275 shares during the period. Harbour Capital Advisors LLC grew its position in BlackRock Income Trust by 537.0% in the second quarter. Harbour Capital Advisors LLC now owns 12,740 shares of the company’s stock valued at $2,000,000 after acquiring an additional 10,740 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in BlackRock Income Trust by 14.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 23,895 shares of the company’s stock valued at $152,000 after acquiring an additional 2,987 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in BlackRock Income Trust by 4.3% in the second quarter. Oppenheimer & Co. Inc. now owns 68,605 shares of the company’s stock valued at $437,000 after acquiring an additional 2,829 shares during the last quarter. Institutional investors own 50.88% of the company’s stock.

BlackRock Income Trust Inc. (NYSE BKT) opened at $6.22 on Tuesday. BlackRock Income Trust Inc. has a 12-month low of $6.06 and a 12-month high of $6.40.

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be given a $0.0265 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 5.11%. The ex-dividend date is Tuesday, November 14th.

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BlackRock Income Trust Company Profile

BlackRock Income Trust, Inc (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income and capital appreciation. The Trust seeks to achieve its investment objective by investing at least 75% of its managed assets in bonds that are investment grade quality at the time of investment.

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

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