Chicago Partners Investment Group LLC Trims Stock Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Chicago Partners Investment Group LLC reduced its stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 12.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,595 shares of the company’s stock after selling 1,482 shares during the period. Chicago Partners Investment Group LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $222,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of BTT. Karpus Management Inc. raised its holdings in Blackrock Municipal 2030 Target Term Trust by 33.0% in the 4th quarter. Karpus Management Inc. now owns 2,512,207 shares of the company’s stock valued at $52,254,000 after buying an additional 623,183 shares during the period. 1607 Capital Partners LLC increased its stake in Blackrock Municipal 2030 Target Term Trust by 280.3% during the fourth quarter. 1607 Capital Partners LLC now owns 273,728 shares of the company’s stock worth $5,694,000 after purchasing an additional 201,753 shares during the period. City of London Investment Management Co. Ltd. purchased a new stake in Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth about $3,874,000. AQR Arbitrage LLC increased its stake in Blackrock Municipal 2030 Target Term Trust by 1,044.8% during the third quarter. AQR Arbitrage LLC now owns 197,555 shares of the company’s stock worth $3,835,000 after purchasing an additional 180,299 shares during the period. Finally, Gridiron Partners LLC purchased a new stake in Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth about $1,578,000.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.2 %

Shares of NYSE:BTT opened at $20.57 on Wednesday. The firm’s 50-day moving average is $20.57 and its two-hundred day moving average is $20.82. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $18.90 and a 1 year high of $21.64.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be given a dividend of $0.046 per share. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date is Friday, June 14th.

Blackrock Municipal 2030 Target Term Trust Profile

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax.