Steward Partners Investment Advisory LLC Sells 8,289 Shares of Blackrock 2037 Municipal Target Term Trust (NYSE:BMN)

Steward Partners Investment Advisory LLC lessened its stake in Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) by 24.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,825 shares of the company’s stock after selling 8,289 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Blackrock 2037 Municipal Target Term Trust were worth $661,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Westside Investment Management Inc. bought a new position in Blackrock 2037 Municipal Target Term Trust during the 4th quarter valued at approximately $34,000. HighTower Advisors LLC raised its position in 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 purchasing an additional 4,168 shares during the last quarter. Truist Financial Corp raised its position in Blackrock 2037 Municipal Target Term Trust by 10.1% during the 4th quarter. Truist Financial Corp now owns 21,420 shares of the company’s stock valued at $548,000 after purchasing an additional 1,958 shares during the last quarter. Van ECK Associates Corp raised its position in 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 purchasing an additional 3,858 shares during the last quarter. Finally, Noble Wealth Management PBC bought a new position in Blackrock 2037 Municipal Target Term Trust during the 4th quarter valued at approximately $1,586,000.

Blackrock 2037 Municipal Target Term Trust Trading Up 0.0 %

BMN stock opened at $25.34 on Wednesday. Blackrock 2037 Municipal Target Term Trust has a fifty-two week low of $23.68 and a fifty-two week high of $26.14. The business’s 50 day moving average price is $25.47 and its two-hundred day moving average price is $25.30.

Blackrock 2037 Municipal Target Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.0938 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.44%.

Blackrock 2037 Municipal Target Term Trust 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.