Raymond James Financial Inc. Buys Shares of 149,542 Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Raymond James Financial Inc. bought a new position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 149,542 shares of the company’s stock, valued at approximately $3,079,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BTT. Park Avenue Securities LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust during the 4th quarter valued at $1,634,000. Sanctuary Advisors LLC lifted its stake in Blackrock Municipal 2030 Target Term Trust by 2.9% during the fourth quarter. Sanctuary Advisors LLC now owns 73,343 shares of the company’s stock worth $1,542,000 after purchasing an additional 2,041 shares during the last quarter. Wolverine Asset Management LLC grew its position in Blackrock Municipal 2030 Target Term Trust by 32.3% in the fourth quarter. Wolverine Asset Management LLC now owns 57,449 shares of the company’s stock valued at $1,183,000 after acquiring an additional 14,040 shares during the last quarter. Sentinel Trust Co. LBA increased its position in Blackrock Municipal 2030 Target Term Trust by 9.7% during the 4th quarter. Sentinel Trust Co. LBA now owns 558,146 shares of the company’s stock worth $11,492,000 after purchasing an additional 49,225 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 24.6% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 359,403 shares of the company’s stock valued at $7,400,000 after acquiring an additional 70,952 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.2 %

NYSE:BTT opened at $21.18 on Friday. Blackrock Municipal 2030 Target Term Trust has a one year low of $20.22 and a one year high of $21.83. The firm’s 50 day simple moving average is $21.23 and its 200 day simple moving average is $21.19.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a dividend of $0.0464 per share. The ex-dividend date is Friday, March 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.63%.

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.