Institutional Investors Love Blackrock Income Trust Inc (NYSE:BKT)

Sentiment for Blackrock Income Trust Inc (NYSE:BKT)

Blackrock Income Trust Inc (NYSE:BKT) institutional sentiment increased to 1.86 in Q2 2018. Its up 0.58, from 1.28 in 2018Q1. The ratio is positive, as 26 institutional investors started new or increased stock positions, while 14 sold and reduced holdings in Blackrock Income Trust Inc. The institutional investors in our partner’s database now have: 34.11 million shares, up from 32.97 million shares in 2018Q1. Also, the number of institutional investors holding Blackrock Income Trust Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 11 Increased: 17 New Position: 9.

BlackRock Income Trust, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The company has market cap of $364.92 million. The fund is managed by BlackRock Advisors, LLC. It currently has negative earnings. It invests in the fixed income markets of the United States.

The stock decreased 0.87% or $0.05 during the last trading session, reaching $5.72. About 108,345 shares traded or 1.98% up from the average. BlackRock Income Trust, Inc. (NYSE:BKT) has declined 8.82% since December 8, 2017 and is downtrending. It has underperformed by 24.44% the S&P500.

Karpus Management Inc. holds 2.48% of its portfolio in BlackRock Income Trust, Inc. for 9.75 million shares. Sit Investment Associates Inc owns 7.67 million shares or 1.15% of their US portfolio. Moreover, Icon Advisers Inc Co has 0.58% invested in the company for 1.31 million shares. The Virginia-based 1607 Capital Partners Llc has invested 0.55% in the stock. Oxbow Advisors Llc, a Texas-based fund reported 192,977 shares.

More notable recent BlackRock Income Trust, Inc. (NYSE:BKT) news were published by: Seekingalpha.com which released: “One Reader Asked A Question. Here’s The Answer – Seeking Alpha” on April 20, 2017, also Businesswire.com with their article: “Certain Closed-End Funds Announce Renewal of Share Repurchase Programs – Business Wire” published on September 06, 2017, Seekingalpha.com published: “JMM: Still ‘Prudent’ – Seeking Alpha” on August 04, 2017. More interesting news about BlackRock Income Trust, Inc. (NYSE:BKT) were released by: Seekingalpha.com and their article: “Graphite Miners News For The Month Of August 2018 – Seeking Alpha” published on August 28, 2018 as well as Seekingalpha.com‘s news article titled: “Evaluating Buying Opportunities For MBS Closed-End Funds – Seeking Alpha” with publication date: August 19, 2013.

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