Roble Belko & Company Inc decreased its stake in BlackRock Insured Municipal Income Trust (NYSE:BYM) by 73.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,289 shares of the company’s stock after selling 19,927 shares during the quarter. Roble Belko & Company Inc’s holdings in BlackRock Insured Municipal Income Trust were worth $107,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Conning Inc. grew its position in shares of BlackRock Insured Municipal Income Trust by 1.4% in the second quarter. Conning Inc. now owns 19,638 shares of the company’s stock valued at $284,000 after purchasing an additional 270 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in BlackRock Insured Municipal Income Trust by 3.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 24,185 shares of the company’s stock worth $350,000 after acquiring an additional 744 shares during the period. Citigroup Inc. grew its position in BlackRock Insured Municipal Income Trust by 6.3% in the second quarter. Citigroup Inc. now owns 25,526 shares of the company’s stock worth $370,000 after acquiring an additional 1,506 shares during the period. Oppenheimer & Co. Inc. grew its position in BlackRock Insured Municipal Income Trust by 16.8% in the second quarter. Oppenheimer & Co. Inc. now owns 22,650 shares of the company’s stock worth $328,000 after acquiring an additional 3,250 shares during the period. Finally, Wells Fargo & Company MN grew its position in BlackRock Insured Municipal Income Trust by 9.9% in the second quarter. Wells Fargo & Company MN now owns 93,741 shares of the company’s stock worth $1,357,000 after acquiring an additional 8,429 shares during the period.

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Shares of BlackRock Insured Municipal Income Trust (BYM) traded up $0.03 during trading on Wednesday, reaching $14.17. The company had a trading volume of 40,900 shares, compared to its average volume of 45,859. BlackRock Insured Municipal Income Trust has a 52 week low of $13.50 and a 52 week high of $15.24.

The company also recently declared a monthly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.72 annualized dividend and a dividend yield of 5.08%.

BlackRock Insured Municipal Income Trust Profile

BlackRock Municipal Income Quality Trust is a diversified perpetual closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income taxes, including the alternative minimum tax. The Trust seeks to achieve its investment objective by investing, at least 80% of its managed assets in municipal bonds exempt from federal income taxes, including the alternative minimum tax.

Institutional Ownership by Quarter for BlackRock Insured Municipal Income Trust (NYSE:BYM)

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