Maltin Wealth Management Inc. Grows Position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Maltin Wealth Management Inc. boosted its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 12.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 113,410 shares of the company’s stock after purchasing an additional 12,219 shares during the period. Maltin Wealth Management Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,408,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in Blackrock Municipal 2030 Target Term Trust during the fourth quarter valued at $3,079,000. LPL Financial LLC lifted its position in Blackrock Municipal 2030 Target Term Trust by 5.7% during the fourth quarter. LPL Financial LLC now owns 423,159 shares of the company’s stock valued at $8,713,000 after purchasing an additional 22,700 shares in the last quarter. HighTower Advisors LLC lifted its position in Blackrock Municipal 2030 Target Term Trust by 45.0% during the fourth quarter. HighTower Advisors LLC now owns 59,167 shares of the company’s stock valued at $1,218,000 after purchasing an additional 18,374 shares in the last quarter. Envestnet Asset Management Inc. purchased a new position in Blackrock Municipal 2030 Target Term Trust during the fourth quarter valued at $2,072,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its position in Blackrock Municipal 2030 Target Term Trust by 86.3% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 4,763 shares of the company’s stock valued at $98,000 after purchasing an additional 2,207 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.4%

NYSE BTT opened at $21.48 on Thursday. The business’s fifty day moving average is $21.12 and its 200 day moving average is $21.09. Blackrock Municipal 2030 Target Term Trust has a fifty-two week low of $20.20 and a fifty-two week high of $21.83.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be issued a dividend of $0.0464 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.56 dividend on an annualized basis and a yield of 2.59%.

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.