Advocacy Wealth Management Services buys $6,145,185 stake in Blackrock Credit Allocation Income Trust (BTZ)

Blackrock Credit Allocation Income Trust (BTZ) : Advocacy Wealth Management Services scooped up 222,529 additional shares in Blackrock Credit Allocation Income Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 464,840 shares of Blackrock Credit Allocation Income Trust which is valued at $6,145,185.Blackrock Credit Allocation Income Trust makes up approximately 3.00% of Advocacy Wealth Management Services’s portfolio.

Other Hedge Funds, Including , North Star Investment Management Corp. boosted its stake in BTZ in the latest quarter, The investment management firm added 28 additional shares and now holds a total of 1,592 shares of Blackrock Credit Allocation Income Trust which is valued at $20,998.Hollencrest Securities boosted its stake in BTZ in the latest quarter, The investment management firm added 3 additional shares and now holds a total of 39,253 shares of Blackrock Credit Allocation Income Trust which is valued at $521,672. Blackrock Credit Allocation Income Trust makes up approx 0.08% of Hollencrest Securities’s portfolio.Edge Wealth Management boosted its stake in BTZ in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 28,215 shares of Blackrock Credit Allocation Income Trust which is valued at $374,977. Blackrock Credit Allocation Income Trust makes up approx 0.15% of Edge Wealth Management’s portfolio.

Blackrock Credit Allocation Income Trust opened for trading at $13.2 and hit $13.23 on the upside on Monday, eventually ending the session at $13.22, with a gain of 0.30% or 0.04 points. The heightened volatility saw the trading volume jump to 1,16,996 shares. Company has a market cap of $0.

BlackRock Credit Allocation Income Trust is a non-diversified closed-end management investment company. The Trust’s investment objective is to provide current income current gains and capital appreciation. The Trust seeks to achieve its investment objective by investing under normal market conditions at least 80% of its assets in credit-related securities including but not limited to investment grade corporate bonds high yield bonds bank loans preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities. The Trust may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors LLC is the Trusts’ investment manager.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *