Virtu Financial LLC Takes Position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Virtu Financial LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) in the 3rd quarter, Holdings Channel reports. The firm acquired 13,435 shares of the company’s stock, valued at approximately $290,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC lifted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 9.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,214,689 shares of the company’s stock worth $25,229,000 after acquiring an additional 105,661 shares during the last quarter. Logan Stone Capital LLC boosted its position in shares of Blackrock Municipal 2030 Target Term Trust by 79.0% during the second quarter. Logan Stone Capital LLC now owns 671,281 shares of the company’s stock worth $13,943,000 after buying an additional 296,221 shares during the period. Van ECK Associates Corp grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 8.7% in the third quarter. Van ECK Associates Corp now owns 539,934 shares of the company’s stock valued at $11,447,000 after buying an additional 43,381 shares in the last quarter. Pathstone Holdings LLC grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 138.1% in the third quarter. Pathstone Holdings LLC now owns 497,683 shares of the company’s stock valued at $10,760,000 after buying an additional 288,682 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 3.6% in the 2nd quarter. City of London Investment Management Co. Ltd. now owns 443,809 shares of the company’s stock valued at $9,218,000 after buying an additional 15,482 shares during the period.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $20.86 on Wednesday. The business has a 50-day moving average of $21.27 and a 200 day moving average of $21.16. Blackrock Municipal 2030 Target Term Trust has a 12 month low of $20.22 and a 12 month high of $21.83.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.0464 dividend. This represents a $0.56 annualized dividend and a dividend yield of 2.67%. The ex-dividend date is Monday, December 16th.

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.