BlackRock (BLK) continues to advance despite market declines, although VisionPoint Advisory Group LLC and Transcend Capital Advisors LLC have decreased their positions in the company. Amid new SEC's ESG rules, BlackRock has halted company meetings and then resumed stewardship talks following a review. The company's Bitcoin ETF has secured over half the market share. Various corporations, including Concurrent Investment Advisors LLC, Waterfront Wealth Inc., and Alberta Investment Management Corp, have purchased BlackRock shares, while other companies have reduced their holdings.
BlackRock's dividends have also increased, making it a popular investment choice. However, stock trading was recently below its 52-week high, and insider selling prompted a 5% decrease in shares.
Despite certain uncertainties, Jim Cramer regards BlackRock as a suitable selection for long-term growth. Furthermore, BlackRock's assets reached a record $11.6 trillion in Q4, reflecting its solid financial standing. With the recent launch of active money market ETFs, the company is expanding access to cash management strategies. As part of its private equity aspirations, BlackRock is aligning CEO compensation with private markets.
Blackrock BLK News Analytics from Sat, 14 Dec 2024 08:00:00 GMT to Sat, 22 Feb 2025 12:55:42 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -1
