Institutional Investor’s Pro-Blackrock Income Trust Inc (NYSE:BKT) Sentiment In Q2 2018

Sentiment for Blackrock Income Trust Inc (NYSE:BKT)

Blackrock Income Trust Inc (NYSE:BKT) institutional sentiment increased to 1.86 in 2018 Q2. Its up 0.58, from 1.28 in 2018Q1. The ratio is positive, as 26 funds started new and increased equity positions, while 14 sold and decreased their positions in Blackrock Income Trust Inc. The funds in our partner’s database reported: 34.11 million shares, up from 32.97 million shares in 2018Q1. Also, the number of funds holding Blackrock Income Trust Inc in their top 10 equity 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: Investorplace.com which released: “A Safer Way to Play Square Inc Now That It’s a Bear – Investorplace.com” on November 28, 2017, also Seekingalpha.com with their article: “Weekly Closed-End Fund Roundup: DEX Tender Offer Live – Seeking Alpha” published on October 16, 2018, Seekingalpha.com published: “Weekly Closed-End Fund Roundup: RIV And FTF Rights Offerings – Seeking Alpha” on October 07, 2018. More interesting news about BlackRock Income Trust, Inc. (NYSE:BKT) were released by: Seekingalpha.com and their article: “Trump’s Strength Is His Weakness – Businessman Economics – Seeking Alpha” published on January 08, 2017 as well as Seekingalpha.com‘s news article titled: “History Provides Clues – Seeking Alpha” with publication date: June 25, 2018.

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