Edge Wealth Management Lowers stake in Blackrock Credit Allocation Income Trust (BTZ)

Blackrock Credit Allocation Income Trust (BTZ) : Edge Wealth Management reduced its stake in Blackrock Credit Allocation Income Trust by 1.77% during the most recent quarter end. The investment management company now holds a total of 27,715 shares of Blackrock Credit Allocation Income Trust which is valued at $359,464 after selling 500 shares in Blackrock Credit Allocation Income Trust , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.Blackrock Credit Allocation Income Trust makes up approximately 0.15% of Edge Wealth Management’s portfolio.

Other Hedge Funds, Including , First Premier Bank added BTZ to its portfolio by purchasing 1,700 company shares during the most recent quarter which is valued at $22,049. Blackrock Credit Allocation Income Trust makes up approx 0.02% of First Premier Bank’s portfolio.Hollencrest Securities boosted its stake in BTZ in the latest quarter, The investment management firm added 3 additional shares and now holds a total of 39,256 shares of Blackrock Credit Allocation Income Trust which is valued at $513,076. Blackrock Credit Allocation Income Trust makes up approx 0.08% of Hollencrest Securities’s portfolio.North Star Investment Management Corp. boosted its stake in BTZ in the latest quarter, The investment management firm added 28 additional shares and now holds a total of 1,620 shares of Blackrock Credit Allocation Income Trust which is valued at $21,173.Advisory Services Network boosted its stake in BTZ in the latest quarter, The investment management firm added 8,728 additional shares and now holds a total of 47,255 shares of Blackrock Credit Allocation Income Trust which is valued at $619,986. Blackrock Credit Allocation Income Trust makes up approx 0.12% of Advisory Services Network’s portfolio.

BlackRock Credit Allocation Income Trust is a non-diversified closed-end management investment company. The Trust’s investment objective is to provide current income current gains and capital appreciation. The Trust seeks to achieve its investment objective by investing under normal market conditions at least 80% of its assets in credit-related securities including but not limited to investment grade corporate bonds high yield bonds bank loans preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities. The Trust may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors LLC is the Trusts’ investment manager.

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