Jonathan Diorio Purchases 500 Shares of Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) Stock

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) VP Jonathan Diorio bought 500 shares of the firm’s stock in a transaction on Thursday, January 26th. The shares were bought at an average cost of $25.00 per share, with a total value of $12,500.00. Following the transaction, the vice president now directly owns 500 shares of the company’s stock, valued at $12,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Blackrock 2037 Municipal Target Term Trust Stock Down 1.4 %

Blackrock 2037 Municipal Target Term Trust stock traded down $0.36 on Tuesday, reaching $25.21. 62,232 shares of the stock were exchanged, compared to its average volume of 19,295. Blackrock 2037 Municipal Target Term Trust has a twelve month low of $21.51 and a twelve month high of $26.14. The firm has a fifty day moving average price of $25.01 and a two-hundred day moving average price of $24.58.

Blackrock 2037 Municipal Target Term Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.0938 per share. This represents a $1.13 annualized dividend and a yield of 4.46%. The ex-dividend date is Tuesday, October 15th.

Institutional Trading of Blackrock 2037 Municipal Target Term Trust

Hedge funds have recently bought and sold shares of the stock. Nomura Holdings Inc. bought a new position in Blackrock 2037 Municipal Target Term Trust during the fourth quarter worth about $214,000. Retirement Planning Group LLC acquired a new position in shares of Blackrock 2037 Municipal Target Term Trust in the 1st quarter worth approximately $1,770,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of Blackrock 2037 Municipal Target Term Trust by 52.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 16,701 shares of the company’s stock worth $413,000 after buying an additional 5,730 shares during the period. Commonwealth Equity Services LLC bought a new position in shares of Blackrock 2037 Municipal Target Term Trust during the 2nd quarter worth approximately $493,000. Finally, Dorsey & Whitney Trust CO LLC bought a new stake in Blackrock 2037 Municipal Target Term Trust in the second quarter valued at $222,000.

Blackrock 2037 Municipal Target Term Trust Company Profile

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.