Blackrock Municipal 2030 Target Term Trust (BTT) To Go Ex-Dividend on January 20th

Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Tuesday, January 20th will be given a dividend of 0.0464 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, January 20th.

Blackrock Municipal 2030 Target Term Trust Trading Down 0.0%

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $22.80 on Friday. The firm’s 50-day simple moving average is $22.53 and its 200-day simple moving average is $22.41. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $20.20 and a twelve month high of $22.92.

Hedge Funds Weigh In On Blackrock Municipal 2030 Target Term Trust

A number of hedge funds have recently modified their holdings of the stock. Gridiron Partners LLC lifted its position in shares of Blackrock Municipal 2030 Target Term Trust by 2,363.9% during the 3rd quarter. Gridiron Partners LLC now owns 1,868,965 shares of the company’s stock worth $42,000 after buying an additional 1,793,110 shares during the period. Global Wealth Strategies & Associates acquired a new position in Blackrock Municipal 2030 Target Term Trust during the third quarter worth $44,000. Chapman Financial Group LLC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust during the second quarter valued at $44,000. Geneos Wealth Management Inc. acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 3rd quarter valued at $54,000. Finally, Garden State Investment Advisory Services LLC acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 2nd quarter valued at $201,000.

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.