Stonebridge Financial Group LLC Takes $45,000 Position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Stonebridge Financial Group LLC purchased a new position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,200 shares of the company’s stock, valued at approximately $45,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Spire Wealth Management bought a new stake in Blackrock Municipal 2030 Target Term Trust in the fourth quarter worth about $29,000. Westside Investment Management Inc. bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth approximately $38,000. Virtu Financial LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 3rd quarter worth approximately $290,000. Integrated Capital Management Inc. purchased a new position in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at approximately $314,000. Finally, Avior Wealth Management LLC grew its holdings in Blackrock Municipal 2030 Target Term Trust by 37.9% during the third quarter. Avior Wealth Management LLC now owns 17,614 shares of the company’s stock valued at $381,000 after purchasing an additional 4,844 shares during the period.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of BTT opened at $21.26 on Friday. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $20.22 and a 1 year high of $21.83. The stock’s fifty day moving average price is $20.87 and its two-hundred day moving average price is $21.18.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.0464 per share. This represents a $0.56 annualized dividend and a yield of 2.62%. The ex-dividend date is Friday, February 14th.

Blackrock Municipal 2030 Target Term Trust Company 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.