Nomura Holdings Inc. Invests $214,000 in Blackrock 2037 Municipal Target Term Trust (NYSE:BMN)

Nomura Holdings Inc. bought a new position in shares of Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,000 shares of the company’s stock, valued at approximately $214,000.

Blackrock 2037 Municipal Target Term Trust Stock Performance

BMN opened at $24.41 on Monday. The business’s fifty day simple moving average is $24.32. Blackrock 2037 Municipal Target Term Trust has a 1-year low of $21.51 and a 1-year high of $25.05.

Blackrock 2037 Municipal Target Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be paid a $0.094 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.13 annualized dividend and a dividend yield of 4.62%.

Blackrock 2037 Municipal Target Term Trust Company Profile

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.