NYSE:BSD', 'BlackRock Strategic Municipal Trust', 'http://kldaily.com/kl-logo.png');

Blackrock Strategic Municipal Trust Sentiment Worsening on Low Stock Potential

December 8, 2017 - By Dolores Ford

 Blackrock Strategic Municipal Trust Sentiment Worsening on Low Stock Potential

Sentiment for Blackrock Strategic Municipal Trust (NYSE:BSD)

Blackrock Strategic Municipal Trust (NYSE:BSD) institutional sentiment decreased to 0.88 in 2017 Q2. Its down -0.45, from 1.33 in 2017Q1. The ratio turned negative, as 7 investment managers started new or increased holdings, while 8 sold and reduced stock positions in Blackrock Strategic Municipal Trust. The investment managers in our partner’s database reported: 420,339 shares, down from 541,488 shares in 2017Q1. Also, the number of investment managers holding Blackrock Strategic Municipal Trust in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 5 Increased: 4 New Position: 3.

The stock increased 0.36% or $0.05 during the last trading session, reaching $13.92. About 17,917 shares traded or 22.93% up from the average. BlackRock Strategic Municipal Trust (NYSE:BSD) has declined 8.78% since December 8, 2016 and is downtrending. It has underperformed by 25.48% the S&P500.

Lucas Capital Management holds 0.12% of its portfolio in BlackRock Strategic Municipal Trust for 12,000 shares. Advisors Asset Management Inc. owns 64,000 shares or 0.01% of their US portfolio. Moreover, Guggenheim Capital Llc has 0.01% invested in the company for 182,376 shares. The New Jersey-based Private Advisor Group Llc has invested 0.01% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 21,601 shares.#img1#

Another recent and important BlackRock Strategic Municipal Trust (NYSE:BSD) news was published by Businesswire.com which published an article titled: “Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds” on October 11, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.