Krilogy Financial LLC purchased a new position in shares of Blackrock Municipal Income Trust (NYSE:BFK) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 41,011 shares of the investment management company’s stock, valued at approximately $586,000. Krilogy Financial LLC owned about 0.09% of Blackrock Municipal Income Trust at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BFK. Frontier Investment Mgmt Co. purchased a new stake in shares of Blackrock Municipal Income Trust in the 2nd quarter valued at about $532,000. Virtu KCG Holdings LLC purchased a new stake in shares of Blackrock Municipal Income Trust in the 2nd quarter valued at about $306,000. Robinson Capital Management LLC lifted its holdings in shares of Blackrock Municipal Income Trust by 44.8% in the 2nd quarter. Robinson Capital Management LLC now owns 262,589 shares of the investment management company’s stock valued at $3,713,000 after purchasing an additional 81,268 shares during the last quarter. Fiduciary Financial Services of The Southwest Inc. TX lifted its holdings in shares of Blackrock Municipal Income Trust by 6.4% in the 2nd quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 73,713 shares of the investment management company’s stock valued at $1,042,000 after purchasing an additional 4,403 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Blackrock Municipal Income Trust by 45.7% in the 2nd quarter. First Trust Advisors LP now owns 42,636 shares of the investment management company’s stock valued at $603,000 after purchasing an additional 13,364 shares during the last quarter.

Shares of Blackrock Municipal Income Trust (NYSE:BFK) opened at $14.13 on Monday. Blackrock Municipal Income Trust has a fifty-two week low of $13.42 and a fifty-two week high of $14.72.

The business also recently disclosed a special dividend, which will be paid on Friday, December 29th. Shareholders of record on Tuesday, December 12th will be paid a dividend of $0.0006 per share. This represents a yield of 5.56%. The ex-dividend date is Monday, December 11th.

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Blackrock Municipal Income Trust Profile

BlackRock Municipal Income Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes.

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Institutional Ownership by Quarter for Blackrock Municipal Income Trust (NYSE:BFK)

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