Breaking: Blackrock Health Sciences Trust (NYSE:BME) Institutional Investor Positioning Change

November 17, 2016 - By Richard Conner   ·   0 Comments

Breaking: Blackrock Health Sciences Trust (NYSE:BME) Institutional Investor Positioning Change

Sentiment for Blackrock Health Sciences Trust (NYSE:BME)

Blackrock Health Sciences Trust (NYSE:BME) institutional sentiment increased to 1.44 in Q2 2016. Its up 0.14, from 1.3 in 2016Q1. The ratio is more positive, as 13 funds started new and increased equity positions, while 9 decreased and sold their equity positions in Blackrock Health Sciences Trust. The funds in our partner’s database now hold: 1.20 million shares, down from 1.23 million shares in 2016Q1. Also, the number of funds holding Blackrock Health Sciences Trust in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 5 Increased: 10 New Position: 3.

BlackRock Health Sciences Trust is a non-diversified, closed-end management investment company. The company has a market cap of $289.76 million. The Trust’s investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It currently has negative earnings. The Trust seeks to achieve its investment objective by investing, normally, approximately 80% of its assets in equity securities of companies engaged in the health sciences and related industries and equity derivatives with exposure to the health sciences industry.

The stock decreased 0.75% or $0.27 on November 16, hitting $35.52. Blackrock Health Sciences Trust (NYSE:BME) has declined 3.29% since April 15, 2016 and is downtrending. It has underperformed by 7.92% the S&P500.

Doliver Capital Advisors Inc. holds 0.43% of its portfolio in Blackrock Health Sciences Trust for 14,175 shares. Bkd Wealth Advisors Llc owns 10,884 shares or 0.06% of their US portfolio. Moreover, Litman Gregory Asset Management Llc has 0.05% invested in the company for 1,610 shares. The Missouri-based First Allied Advisory Services Inc. has invested 0.04% in the stock. 1St Source Bank, a Indiana-based fund reported 7,359 shares.#img1#

BME Company Profile

BlackRock Health Sciences Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide total return through a combination of current income and capital appreciation. BlackRock Health Sciences Trust seeks to achieve this objective by investing primarily in equity securities of companies engaged in the health sciences and related industries and equity derivatives with exposure to the health sciences industry. Trust will invest at least 80% of its total assets in equity securities of companies engaged in the health sciences and related industries and equity derivatives with exposure to the health sciences industry.

More notable recent Blackrock Health Sciences Trust (NYSE:BME) news were published by: Seekingalpha.com which released: “BlackRock Health Sciences Trust: A CEF I ‘Love’ That Should Be On Your Watch …” on December 12, 2014, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on February 12, 2011, Seekingalpha.com published: “Arbitrage Alert! Closed-End Funds At Divergent Valuations” on August 21, 2015. More interesting news about Blackrock Health Sciences Trust (NYSE:BME) were released by: Businesswire.com and their article: “Declaration of Regular and Special Distributions Announced for BlackRock …” published on October 01, 2014 as well as Fool.com‘s news article titled: “3 Best BlackRock Mutual Funds” with publication date: April 16, 2015.

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By Richard Conner


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