Successful Portfolios LLC Sells 1,000 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Successful Portfolios LLC trimmed its position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTTFree Report) by 4.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,607 shares of the company’s stock after selling 1,000 shares during the quarter. Successful Portfolios LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $476,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Karpus Management Inc. grew its holdings in Blackrock Municipal 2030 Target Term Trust by 33.0% during the 4th quarter. Karpus Management Inc. now owns 2,512,207 shares of the company’s stock worth $52,254,000 after acquiring an additional 623,183 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Blackrock Municipal 2030 Target Term Trust by 4.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,109,028 shares of the company’s stock worth $23,068,000 after buying an additional 49,694 shares during the period. Van ECK Associates Corp boosted its position in Blackrock Municipal 2030 Target Term Trust by 14.0% during the 4th quarter. Van ECK Associates Corp now owns 519,693 shares of the company’s stock valued at $10,810,000 after acquiring an additional 63,730 shares in the last quarter. 1607 Capital Partners LLC increased its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 280.3% in the 4th quarter. 1607 Capital Partners LLC now owns 273,728 shares of the company’s stock valued at $5,694,000 after acquiring an additional 201,753 shares during the period. Finally, Sentinel Trust Co. LBA lifted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 45.3% during the 4th quarter. Sentinel Trust Co. LBA now owns 242,735 shares of the company’s stock worth $5,049,000 after purchasing an additional 75,680 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.4 %

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $20.77 on Monday. Blackrock Municipal 2030 Target Term Trust has a one year low of $18.90 and a one year high of $21.64. The company has a 50-day simple moving average of $20.59 and a two-hundred day simple moving average of $20.82.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be paid a $0.046 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.55 annualized dividend and a yield of 2.66%.

About Blackrock Municipal 2030 Target Term Trust

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

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