Sentinel Trust Co. LBA Purchases 227,104 Shares of Blackrock Municipal 2030 Target Term Trust $BTT

Sentinel Trust Co. LBA raised its position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 37.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 836,734 shares of the company’s stock after purchasing an additional 227,104 shares during the quarter. Blackrock Municipal 2030 Target Term Trust accounts for about 1.9% of Sentinel Trust Co. LBA’s investment portfolio, making the stock its 12th largest position. Sentinel Trust Co. LBA’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $18,994,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Basepoint Wealth LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter valued at $29,000. Core Wealth Advisors LLC purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter valued at $30,000. Chapman Financial Group LLC bought a new position in Blackrock Municipal 2030 Target Term Trust in the 2nd quarter worth $44,000. Key Financial Inc bought a new position in Blackrock Municipal 2030 Target Term Trust in the 1st quarter worth $88,000. Finally, Fifth Third Bancorp bought a new position in Blackrock Municipal 2030 Target Term Trust in the 1st quarter worth $116,000.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.0%

Shares of BTT stock opened at $22.64 on Monday. The stock has a fifty day simple moving average of $22.72 and a two-hundred day simple moving average of $22.77. Blackrock Municipal 2030 Target Term Trust has a 52-week low of $21.90 and a 52-week high of $23.24.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.0464 per share. The ex-dividend date is Tuesday, September 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.