Edge Wealth Management Lowers stake in Blackrock Multi-Sector Income Trust (BIT)

Blackrock Multi-Sector Income Trust (BIT) : Edge Wealth Management reduced its stake in Blackrock Multi-Sector Income Trust by 9.37% during the most recent quarter end. The investment management company now holds a total of 61,198 shares of Blackrock Multi-Sector Income Trust which is valued at $1,024,455 after selling 6,328 shares in Blackrock Multi-Sector Income Trust , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.Blackrock Multi-Sector Income Trust makes up approximately 0.43% of Edge Wealth Management’s portfolio.

Other Hedge Funds, Including , Msi Financial Services Inc boosted its stake in BIT in the latest quarter, The investment management firm added 13,279 additional shares and now holds a total of 47,533 shares of Blackrock Multi-Sector Income Trust which is valued at $795,702. Blackrock Multi-Sector Income Trust makes up approx 0.03% of Msi Financial Services Inc’s portfolio.E&g Advisors Lp boosted its stake in BIT in the latest quarter, The investment management firm added 34,826 additional shares and now holds a total of 72,726 shares of Blackrock Multi-Sector Income Trust which is valued at $1,239,251. Blackrock Multi-Sector Income Trust makes up approx 0.73% of E&g Advisors Lp’s portfolio.Kelman-lazarov boosted its stake in BIT in the latest quarter, The investment management firm added 6,875 additional shares and now holds a total of 191,400 shares of Blackrock Multi-Sector Income Trust which is valued at $3,261,456. Blackrock Multi-Sector Income Trust makes up approx 1.85% of Kelman-lazarov’s portfolio.

BlackRock Multi-Sector Income Trust (BIT) is a non-diversified closed-end management investment company. The Trust’s primary investment objective is to seek high current income. The secondary objective of the Trust is capital appreciation. The Trust seeks to achieve its investment objectives by investing at least 80% of its assets in loan and debt instruments and other investments with similar economic characteristics. The Trust may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors LLC is the Fund manager.

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