Lazard Asset Management Increases Stake in BlackRock Health Sciences Term Trust
What happened
Lazard Asset Management LLC increased its holdings in shares of BlackRock Health Sciences Term Trust by 64.2% during the first quarter. The firm now owns 621,604 shares, valued at $8,926,000, after purchasing an additional 243,054 shares in the last quarter. During September, short interest in BlackRock Health Sciences Term Trust declined by 60.9%, falling from 83,940 shares on September 15th to 32,798 shares by September 30th.
From tickerreport.com
Why it matters
The increase in holdings by Lazard Asset Management LLC follows similar buying activity from other large investors, including Saba Capital Management L.P., Corient Private Wealth LP, and Rivernorth Capital Management LLC. This institutional accumulation suggests growing investor confidence in the trust.
From tickerreport.com
Who's involved
- Lazard Asset Management LLCIncreased its financial stake in BlackRock Health Sciences Term Trust shares.
Keep exploring
The entities involved
-
Lazard Asset Management LLC
Capital market company
Related events
- Lazard Asset Management LLC increased its holdings in Global Business Travel Group, Inc. on October 8, 2026.
- Erste Group Bank decreased its FY2026 earnings estimates, Lazard Asset Management grew its share position, and Barclays reiterated a buy rating.
- Lazard Asset Management increased its stake in Arcos Dorados on July 9, 2026.