Blackrock Municipal 2030 Target Term Trust $BTT Holdings Raised by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. increased its stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 6.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 542,733 shares of the company’s stock after purchasing an additional 31,848 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $12,385,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Wealth Strategies & Associates acquired a new position in Blackrock Municipal 2030 Target Term Trust during the 3rd quarter valued at about $44,000. Chapman Financial Group LLC acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 2nd quarter worth approximately $44,000. Geneos Wealth Management Inc. bought a new position in shares of Blackrock Municipal 2030 Target Term Trust in the third quarter valued at approximately $54,000. Creative Planning bought a new position in shares of Blackrock Municipal 2030 Target Term Trust in the third quarter valued at approximately $205,000. Finally, Garden State Investment Advisory Services LLC acquired a new position in shares of Blackrock Municipal 2030 Target Term Trust during the second quarter valued at approximately $201,000.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of NYSE:BTT opened at $22.41 on Monday. Blackrock Municipal 2030 Target Term Trust has a 12 month low of $20.20 and a 12 month high of $23.08. The stock’s 50 day moving average price is $22.78 and its 200 day moving average price is $22.62.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.0464 per share. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 2.5%.

About Blackrock Municipal 2030 Target Term Trust

BlackRock Municipal 2030 Target Term Trust (NYSE: BTT) is a non-diversified, closed-end management investment company managed by BlackRock Fund Advisors. Launched in 2018, the trust seeks to provide shareholders with a high level of current income exempt from federal income tax, while also aiming for total return. Shares of BTT trade on the New York Stock Exchange, offering investors a means to access a portfolio of municipal securities through a publicly traded vehicle.

The trust’s primary investment activities focus on U.S.