Aviance Capital Partners LLC Increases Stake in Blackrock Municipal 2030 Target Term Trust $BTT

Aviance Capital Partners LLC raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 20.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,484 shares of the company’s stock after buying an additional 2,314 shares during the period. Aviance Capital Partners LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $295,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BTT. Envestnet Asset Management Inc. increased its holdings in Blackrock Municipal 2030 Target Term Trust by 25.6% during the first quarter. Envestnet Asset Management Inc. now owns 126,408 shares of the company’s stock valued at $2,684,000 after buying an additional 25,775 shares during the last quarter. Beverly Hills Private Wealth LLC increased its holdings in Blackrock Municipal 2030 Target Term Trust by 17.6% during the first quarter. Beverly Hills Private Wealth LLC now owns 173,181 shares of the company’s stock valued at $3,677,000 after buying an additional 25,928 shares during the last quarter. M&T Bank Corp purchased a new stake in Blackrock Municipal 2030 Target Term Trust during the first quarter valued at approximately $232,000. Hara Capital LLC increased its holdings in Blackrock Municipal 2030 Target Term Trust by 1.0% during the first quarter. Hara Capital LLC now owns 97,322 shares of the company’s stock valued at $2,066,000 after buying an additional 1,000 shares during the last quarter. Finally, Sentinel Trust Co. LBA increased its holdings in Blackrock Municipal 2030 Target Term Trust by 4.2% during the first quarter. Sentinel Trust Co. LBA now owns 581,696 shares of the company’s stock valued at $12,349,000 after buying an additional 23,550 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Up 0.7%

Shares of BTT stock opened at $22.64 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 company has a 50 day simple moving average of $22.51 and a two-hundred day simple moving average of $21.96.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be paid a $0.0464 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%.

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.