Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) Shares Purchased by Truist Financial Corp

Truist Financial Corp boosted its position in Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) by 10.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 21,420 shares of the company’s stock after purchasing an additional 1,958 shares during the quarter. Truist Financial Corp’s holdings in Blackrock 2037 Municipal Target Term Trust were worth $548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its stake in shares of Blackrock 2037 Municipal Target Term Trust by 41.7% during the 3rd quarter. HighTower Advisors LLC now owns 14,168 shares of the company’s stock valued at $363,000 after acquiring an additional 4,168 shares during the last quarter. Westside Investment Management Inc. acquired a new position in shares of Blackrock 2037 Municipal Target Term Trust during the 4th quarter valued at about $34,000. Finally, Van ECK Associates Corp increased its stake in shares of Blackrock 2037 Municipal Target Term Trust by 12.3% during the 3rd quarter. Van ECK Associates Corp now owns 35,136 shares of the company’s stock valued at $880,000 after acquiring an additional 3,858 shares during the last quarter.

Blackrock 2037 Municipal Target Term Trust Stock Up 0.2 %

NYSE BMN opened at $25.65 on Tuesday. Blackrock 2037 Municipal Target Term Trust has a 12 month low of $23.68 and a 12 month high of $26.14. The company has a 50-day moving average of $25.48 and a 200-day moving average of $25.29.

Blackrock 2037 Municipal Target Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were paid a dividend of $0.0938 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date was Friday, February 14th.

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.