79,348 Shares in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 79,348 shares of the company’s stock, valued at approximately $1,634,000.

A number of other institutional investors have also made changes to their positions in BTT. Logan Stone Capital LLC grew its holdings in Blackrock Municipal 2030 Target Term Trust by 79.0% in the 2nd quarter. Logan Stone Capital LLC now owns 671,281 shares of the company’s stock valued at $13,943,000 after buying an additional 296,221 shares in the last quarter. Van ECK Associates Corp grew its holdings in Blackrock Municipal 2030 Target Term Trust by 8.7% in the 3rd quarter. Van ECK Associates Corp now owns 539,934 shares of the company’s stock valued at $11,447,000 after buying an additional 43,381 shares in the last quarter. Pathstone Holdings LLC grew its holdings in Blackrock Municipal 2030 Target Term Trust by 138.1% in the 3rd quarter. Pathstone Holdings LLC now owns 497,683 shares of the company’s stock valued at $10,760,000 after buying an additional 288,682 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in Blackrock Municipal 2030 Target Term Trust by 20.9% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 288,451 shares of the company’s stock valued at $6,236,000 after buying an additional 49,793 shares in the last quarter. Finally, Hara Capital LLC grew its holdings in Blackrock Municipal 2030 Target Term Trust by 294.2% in the 3rd quarter. Hara Capital LLC now owns 272,765 shares of the company’s stock valued at $5,897,000 after buying an additional 203,563 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of BTT stock opened at $20.80 on Friday. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $20.22 and a twelve month high of $21.83. The business has a fifty day simple moving average of $20.93 and a 200 day simple moving average of $21.16.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be paid a $0.0464 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.56 annualized dividend and a dividend yield of 2.68%.

Blackrock Municipal 2030 Target Term Trust Company 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.