Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Portfolio Manager Phillip Soccio Sells 1,800 Shares

Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Portfolio Manager Phillip Soccio sold 1,800 shares of the business’s stock in a transaction on Saturday, August 1st. The shares were sold at an average price of $22.48, for a total transaction of $40,464.00. The sale was disclosed in a document filed with the SEC, which is available through this link.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of BTT traded up $0.03 during mid-day trading on Tuesday, reaching $22.49. The company’s stock had a trading volume of 91,429 shares, compared to its average volume of 94,419. The business has a fifty day moving average of $22.68 and a 200 day moving average of $22.75. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $22.15 and a 1 year high of $23.24.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a $0.0464 dividend. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Hedge Funds Weigh In On Blackrock Municipal 2030 Target Term Trust

Several institutional investors and hedge funds have recently bought and sold shares of BTT. Pathstone Holdings LLC lifted its position in Blackrock Municipal 2030 Target Term Trust by 6.5% in the 3rd quarter. Pathstone Holdings LLC now owns 2,262,070 shares of the company’s stock worth $50,806,000 after buying an additional 138,439 shares in the last quarter. Tortoise Investment Management LLC grew its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 11.3% during the 4th quarter. Tortoise Investment Management LLC now owns 1,361,137 shares of the company’s stock valued at $31,061,000 after acquiring an additional 138,536 shares in the last quarter. Sentinel Trust Co. LBA grew its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 37.3% during the 1st quarter. Sentinel Trust Co. LBA now owns 836,734 shares of the company’s stock valued at $18,994,000 after acquiring an additional 227,104 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in shares of Blackrock Municipal 2030 Target Term Trust by 26.9% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 783,682 shares of the company’s stock worth $17,829,000 after acquiring an additional 166,122 shares during the last quarter. Finally, Van ECK Associates Corp increased its stake in shares of Blackrock Municipal 2030 Target Term Trust by 13.4% in the fourth quarter. Van ECK Associates Corp now owns 528,422 shares of the company’s stock worth $12,059,000 after acquiring an additional 62,301 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Company Profile

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.