Successful Portfolios LLC Lowers Stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Successful Portfolios LLC lessened its stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 4.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 22,607 shares of the company’s stock after selling 1,000 shares during the period. Successful Portfolios LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $476,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Beverly Hills Private Wealth LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter valued at $745,000. Relative Value Partners Group LLC acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth about $1,420,000. Allspring Global Investments Holdings LLC boosted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 4.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,109,028 shares of the company’s stock valued at $23,068,000 after purchasing an additional 49,694 shares during the period. JGP Wealth Management LLC purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at approximately $271,000. Finally, Covenant Asset Management LLC grew its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 16.9% in the fourth quarter. Covenant Asset Management LLC now owns 22,750 shares of the company’s stock valued at $473,000 after purchasing an additional 3,290 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.4 %

Blackrock Municipal 2030 Target Term Trust stock opened at $20.77 on Monday. Blackrock Municipal 2030 Target Term Trust has a 52-week low of $18.90 and a 52-week high of $21.64. The company’s 50 day moving average is $20.59 and its two-hundred day moving average is $20.82.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be paid a $0.046 dividend. This represents a $0.55 annualized dividend and a dividend yield of 2.66%. The ex-dividend date is Friday, June 14th.

Blackrock Municipal 2030 Target Term Trust Profile

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.