Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Stock Position Raised by LPL Financial LLC

LPL Financial LLC boosted its position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 5.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 423,159 shares of the company’s stock after purchasing an additional 22,700 shares during the period. LPL Financial LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $8,713,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its position in shares of Blackrock Municipal 2030 Target Term Trust by 22.3% in the fourth 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. Tortoise Investment Management LLC lifted its stake in Blackrock Municipal 2030 Target Term Trust by 29.2% in the 4th quarter. Tortoise Investment Management LLC now owns 798,802 shares of the company’s stock worth $16,447,000 after acquiring an additional 180,475 shares in the last quarter. Van ECK Associates Corp boosted its position in Blackrock Municipal 2030 Target Term Trust by 3.9% during the 4th quarter. Van ECK Associates Corp now owns 561,113 shares of the company’s stock worth $11,553,000 after acquiring an additional 21,179 shares during the period. Sentinel Trust Co. LBA grew its stake 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 valued at $11,492,000 after acquiring an additional 49,225 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its holdings 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 purchasing an additional 70,952 shares during the period.

Blackrock Municipal 2030 Target Term Trust Stock Performance

BTT stock opened at $21.14 on Friday. The firm has a 50 day simple moving average of $21.27 and a 200 day simple moving average of $21.18. Blackrock Municipal 2030 Target Term Trust has a 52 week low of $20.22 and a 52 week high of $21.83.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.0464 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Tuesday, April 15th.

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.