Semus Wealth Partners LLC Decreases Stake in BlackRock Income Trust, Inc. (NYSE:BKT)

Semus Wealth Partners LLC reduced its holdings in BlackRock Income Trust, Inc. (NYSE:BKT) by 31.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,548 shares of the company’s stock after selling 5,641 shares during the period. Semus Wealth Partners LLC owned approximately 0.06% of BlackRock Income Trust worth $156,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Raymond James & Associates lifted its stake in shares of BlackRock Income Trust by 4.8% in the third quarter. Raymond James & Associates now owns 414,630 shares of the company’s stock worth $5,154,000 after buying an additional 19,061 shares in the last quarter. Melfa Wealth Management Inc. lifted its stake in shares of BlackRock Income Trust by 1.3% in the third quarter. Melfa Wealth Management Inc. now owns 374,393 shares of the company’s stock worth $4,654,000 after buying an additional 4,896 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of BlackRock Income Trust in the third quarter worth about $13,380,000. Thrivent Financial for Lutherans lifted its stake in shares of BlackRock Income Trust by 34.3% in the third quarter. Thrivent Financial for Lutherans now owns 66,493 shares of the company’s stock worth $826,000 after buying an additional 17,000 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its stake in BlackRock Income Trust by 4.2% during the third quarter. Arkadios Wealth Advisors now owns 43,779 shares of the company’s stock worth $544,000 after purchasing an additional 1,780 shares during the period. 39.43% of the stock is owned by hedge funds and other institutional investors.

BlackRock Income Trust Stock Down 0.4 %

Shares of BKT stock opened at $11.77 on Monday. The firm’s 50-day moving average is $12.22 and its two-hundred day moving average is $12.05. BlackRock Income Trust, Inc. has a 12 month low of $11.06 and a 12 month high of $12.67.

BlackRock Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.0882 per share. This represents a $1.06 dividend on an annualized basis and a yield of 8.99%. The ex-dividend date of this dividend is Friday, November 15th.

About BlackRock Income Trust

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.