BlackRock Income Trust (BKT) : Captrust Financial Advisors has sold out all of its stake in BlackRock Income Trust during the most recent quarter, according to the disclosure filed by the company on Aug 8, 2016 with the SEC. The investment management company has sold out 4,687 shares of BlackRock Income Trust which is valued at $30,794.
Other Hedge Funds, Including , Concert Wealth Management reduced its stake in BKT by selling 10,240 shares or 46.71% in the most recent quarter. The Hedge Fund company now holds 11,684 shares of BKT which is valued at $77,231. BlackRock Income Trust makes up approx 0.01% of Concert Wealth Management’s portfolio. Livingston Group Asset Management Co (operating As Southp… added BKT to its portfolio by purchasing 1,100 company shares during the most recent quarter which is valued at $7,249.Msi Financial Services Inc reduced its stake in BKT by selling 1,002 shares or 15.9% in the most recent quarter. The Hedge Fund company now holds 5,300 shares of BKT which is valued at $34,927.
BlackRock Income Trust closed down -0.01 points or -0.15% at $6.56 with 2,17,279 shares getting traded on Monday. Post opening the session at $6.57, the shares hit an intraday low of $6.56 and an intraday high of $6.58 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
BlackRock Income Trust Inc. (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to manage a portfolio of securities to achieve both preservation of capital and high monthly income. The Trust seeks to invest over 65% of its assets in mortgage-backed securities. The Trust’s portfolio composition includes the United States Government sponsored agency securities the United States treasury obligations non-agency mortgage-backed securities short-term securities asset-backed securities and borrowed bonds. The Trust invests in non-government spread sectors including investment grade credit high yield credit commercial mortgage-backed securities (CMBS) and non-agency residential mortgage-backed securities (MBS). The Trust also holds exposure to government-related sectors including the United States Treasury securities agency debt and agency MBS. BlackRock Advisors LLC is the Trust’s manager and investment advisor.