Thomas J. Herzfeld Advisors Inc. Takes Position in Blackrock Municipal 2030 Target Term Trust $BTT

Thomas J. Herzfeld Advisors Inc. bought a new position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 36,048 shares of the company’s stock, valued at approximately $789,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Keeley Teton Advisors LLC acquired a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 1st quarter valued at $201,000. Western Wealth Management LLC purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 2nd quarter worth $203,000. Twin Focus Capital Partners LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the first quarter valued at $204,000. XTX Topco Ltd purchased a new stake in Blackrock Municipal 2030 Target Term Trust during the second quarter valued at about $244,000. Finally, Wellspring Financial Advisors LLC purchased a new stake in Blackrock Municipal 2030 Target Term Trust during the second quarter valued at about $285,000.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Blackrock Municipal 2030 Target Term Trust stock opened at $22.56 on Friday. Blackrock Municipal 2030 Target Term Trust has a 12 month low of $20.20 and a 12 month high of $22.87. The stock’s 50-day moving average is $22.52 and its 200-day moving average is $22.18.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were paid a dividend of $0.0464 per share. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date was Friday, November 14th.

About Blackrock Municipal 2030 Target Term Trust

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax.