Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,343 shares of the company’s stock after acquiring an additional 2,041 shares during the period. Sanctuary Advisors LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $1,542,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Scarborough Advisors LLC purchased a new position in Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth approximately $2,394,000. Van ECK Associates Corp raised its position in shares of Blackrock Municipal 2030 Target Term Trust by 3.9% in the 4th quarter. Van ECK Associates Corp now owns 561,113 shares of the company’s stock worth $11,553,000 after buying an additional 21,179 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Blackrock Municipal 2030 Target Term Trust by 22.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,335,788 shares of the company’s stock worth $27,504,000 after buying an additional 243,776 shares during the period. Stonebridge Financial Group LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at $45,000. Finally, Matisse Capital grew its position in Blackrock Municipal 2030 Target Term Trust by 102.7% during the fourth quarter. Matisse Capital now owns 100,739 shares of the company’s stock valued at $2,074,000 after acquiring an additional 51,042 shares during the period.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of NYSE:BTT opened at $21.34 on Tuesday. The business has a 50-day moving average of $20.89 and a two-hundred day moving average of $21.20. Blackrock Municipal 2030 Target Term Trust has a 12 month low of $20.22 and a 12 month high of $21.83.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.0464 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Friday, February 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.