Saba Capital Management and Boaz Weinstein have been actively selling shares across several BlackRock funds, including notable transactions totaling $749,338 in BlackRock California Municipal Income Trust, $383,334 in MuniYield Pennsylvania Quality Fund, and an additional $2.36 million within the Capital Allocation Term Trust.
Options Activity Highlights Bullish Sentiment
BlackRock has experienced a surge in options trading, with 11 trades reported—10 calls and 1 put. This indicates growing bullish sentiment among significant investors.
Institutional Confidence in Bitcoin ETFs
The State of Wisconsin Investment Board now holds over 6 million shares of BlackRock’s Bitcoin ETF, while Abu Dhabi’s Mubadala Investment Company acquired $436.9 million worth of shares during December, signaling strong institutional interest in digital assets via traditional investment vehicles.
Dividend Increase and Upcoming Earnings
BlackRock announced a larger-than-expected dividend increase to $5.21 per share for March 24th, reflecting confidence in performance. The company is set to report earnings on Wednesday, April 16, 2025.
CEO Compensation Structure
Additionally, BlackRock CEO Larry Fink will receive carried interest from private-market fund profits, tying his compensation directly to fund performance.
* AI generated summary of articles
BLK News
16-Feb-2025 7:34 AM CST - Yahoo Finance BlackRock (NYSE:BLK) Is Paying Out A Larger Dividend Than Last Year BlackRock, Inc.'s (NYSE:BLK) periodic dividend will be increasing on the 24th of March to $5.21, with investors receiving 2.2% more than last year's $5.10. Based on this payment, the dividend yield for the company will be 2.
14-Feb-2025 1:52 PM CST - MSN Abu Dhabi Wealth Fund Buy $437 Millions Worth Of BlackRock's Bitcoin ETF Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, has acquired $436.9 million worth of shares in BlackRock's (NYSE:BLK) spot Bitcoin (CRYPTO: BTC) exchange-traded fund during the last quarter of 2024.
14-Feb-2025 11:56 AM CST - Yahoo Finance Wisconsin More Than Doubled BlackRock Bitcoin ETF Holdings to 6M Shares Wisconsin's investment board saw fit to significantly add to its bitcoin (BTC) bet in the last three months of the year. The State of Wisconsin Investment Board (SWIB) disclosed ownership of just over 6 million shares of BlackRock's iShares Bitcoin Trust (IBIT) as of the Dec.
14-Feb-2025 10:17 AM CST - MSN BlackRock CEO gets new compensation tied to fund performance NEW YORK - BlackRock, Inc. (NYSE:BLK), a leading global investment management firm with a market capitalization of $151.8 billion and a strong "GOOD" Financial Health Score according to InvestingPro,
14-Feb-2025 9:00 AM CST - Morningstar BlackRock to Pay CEO Larry Fink Carried Interest The board of BlackRock will start paying its chairman, CEO Larry Fink, a cut of profits generated by the firm's private-market funds.
13-Feb-2025 7:46 PM CST - MSN Saba Capital Management sells $250,780 in BlackRock MuniYield Pennsylvania Fund stock In a recent transaction reported to the Securities and Exchange Commission, Saba Capital Management, L.P., a prominent investment management firm, sold a significant portion of its stake in BlackRock (NYSE:BLK) MuniYield Pennsylvania Quality Fund (NYSE:MPA).
12-Feb-2025 12:46 PM CST - MSN BlackRock capital allocation term trust sees $2.36 million stock sale In recent transactions, Saba Capital Management, L.P. and Boaz Weinstein, both significant stakeholders in BlackRock (NYSE:BLK) Capital Allocation Term Trust (NYSE:BCAT), a $1.69 billion closed-end fund known for its substantial 22% dividend yield,
12-Feb-2025 12:30 PM CST - Benzinga Spotlight on BlackRock: Analyzing the Surge in Options Activity Today, Benzinga's options scanner spotted 11 options trades for BlackRock. This isn't normal. The overall sentiment of these big-money traders is split between 45% bullish and 27%, bearish. Out of all of the options we uncovered, there was 1 put, for a total amount of $48,800, and 10, calls, for a total amount of $376,221.
Latest BLK Trades by Congress Members
2-JAN-2025 - James Comer, KY (District 1) purchased between $1,001 and $15,000.
Saba Capital Management and Boaz Weinstein have been actively selling shares across several BlackRock funds, including notable transactions totaling $749,338 in BlackRock California Municipal Income Trust, $383,334 in MuniYield Pennsylvania Quality Fund, and an additional $2.36 million within the Capital Allocation Term Trust.
Options Activity Highlights Bullish Sentiment
BlackRock has experienced a surge in options trading, with 11 trades reported—10 calls and 1 put. This indicates growing bullish sentiment among significant investors.
Institutional Confidence in Bitcoin ETFs
The State of Wisconsin Investment Board now holds over 6 million shares of BlackRock’s Bitcoin ETF, while Abu Dhabi’s Mubadala Investment Company acquired $436.9 million worth of shares during December, signaling strong institutional interest in digital assets via traditional investment vehicles.
Dividend Increase and Upcoming Earnings
BlackRock announced a larger-than-expected dividend increase to $5.21 per share for March 24th, reflecting confidence in performance. The company is set to report earnings on Wednesday, April 16, 2025.
CEO Compensation Structure
Additionally, BlackRock CEO Larry Fink will receive carried interest from private-market fund profits, tying his compensation directly to fund performance.
* AI generated summary of articles
BLK News
16-Feb-2025 7:34 AM CST - Yahoo Finance BlackRock (NYSE:BLK) Is Paying Out A Larger Dividend Than Last Year BlackRock, Inc.'s (NYSE:BLK) periodic dividend will be increasing on the 24th of March to $5.21, with investors receiving 2.2% more than last year's $5.10. Based on this payment, the dividend yield for the company will be 2.
14-Feb-2025 1:52 PM CST - MSN Abu Dhabi Wealth Fund Buy $437 Millions Worth Of BlackRock's Bitcoin ETF Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, has acquired $436.9 million worth of shares in BlackRock's (NYSE:BLK) spot Bitcoin (CRYPTO: BTC) exchange-traded fund during the last quarter of 2024.
14-Feb-2025 11:56 AM CST - Yahoo Finance Wisconsin More Than Doubled BlackRock Bitcoin ETF Holdings to 6M Shares Wisconsin's investment board saw fit to significantly add to its bitcoin (BTC) bet in the last three months of the year. The State of Wisconsin Investment Board (SWIB) disclosed ownership of just over 6 million shares of BlackRock's iShares Bitcoin Trust (IBIT) as of the Dec.
14-Feb-2025 10:17 AM CST - MSN BlackRock CEO gets new compensation tied to fund performance NEW YORK - BlackRock, Inc. (NYSE:BLK), a leading global investment management firm with a market capitalization of $151.8 billion and a strong "GOOD" Financial Health Score according to InvestingPro,
14-Feb-2025 9:00 AM CST - Morningstar BlackRock to Pay CEO Larry Fink Carried Interest The board of BlackRock will start paying its chairman, CEO Larry Fink, a cut of profits generated by the firm's private-market funds.
13-Feb-2025 7:46 PM CST - MSN Saba Capital Management sells $250,780 in BlackRock MuniYield Pennsylvania Fund stock In a recent transaction reported to the Securities and Exchange Commission, Saba Capital Management, L.P., a prominent investment management firm, sold a significant portion of its stake in BlackRock (NYSE:BLK) MuniYield Pennsylvania Quality Fund (NYSE:MPA).
12-Feb-2025 12:46 PM CST - MSN BlackRock capital allocation term trust sees $2.36 million stock sale In recent transactions, Saba Capital Management, L.P. and Boaz Weinstein, both significant stakeholders in BlackRock (NYSE:BLK) Capital Allocation Term Trust (NYSE:BCAT), a $1.69 billion closed-end fund known for its substantial 22% dividend yield,
12-Feb-2025 12:30 PM CST - Benzinga Spotlight on BlackRock: Analyzing the Surge in Options Activity Today, Benzinga's options scanner spotted 11 options trades for BlackRock. This isn't normal. The overall sentiment of these big-money traders is split between 45% bullish and 27%, bearish. Out of all of the options we uncovered, there was 1 put, for a total amount of $48,800, and 10, calls, for a total amount of $376,221.