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Compagnie Lombard Odier SCmA Sells 5,916 Shares of BlackRock $BLK
Compagnie Lombard Odier SCmA reduced its stake in BlackRock (NYSE:BLK) by 21.0% in the fourth quarter, selling 5,916 shares and leaving it with 22,236 shares valued at approximately $23.8 million. BlackRock is actively expanding into cryptocurrency and real assets, evidenced by its filing for an iShares Bitcoin Premium Income ETF and a partnership for a £1 billion NHS property deal. The company also reported strong quarterly results and increased its quarterly dividend to $5.73 per share, indicating an annualized yield of 2.4%.