Blackrock Municipal 2030 Target Term Trust (BTT) to Distribute Monthly Dividend of $0.05 on November 2nd

Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Thursday, October 15th will be paid a dividend of 0.0464 per share on Monday, November 2nd. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Thursday, October 15th.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $22.23 on Friday. The firm has a fifty day moving average price of $22.57 and a two-hundred day moving average price of $22.70. Blackrock Municipal 2030 Target Term Trust has a fifty-two week low of $22.15 and a fifty-two week high of $23.24.

Insider Buying and Selling at Blackrock Municipal 2030 Target Term Trust

In related news, Portfolio Manager Phillip Soccio sold 1,800 shares of the stock in a transaction dated Saturday, August 1st. The shares were sold at an average price of $22.48, for a total value of $40,464.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Hedge Funds Weigh In On Blackrock Municipal 2030 Target Term Trust

Several large investors have recently added to or reduced their stakes in BTT. Gamco Investors INC. ET AL acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 2nd quarter worth approximately $207,000. NewEdge Advisors LLC raised its stake in shares of Blackrock Municipal 2030 Target Term Trust by 101.1% in the second quarter. NewEdge Advisors LLC now owns 21,652 shares of the company’s stock valued at $474,000 after purchasing an additional 10,886 shares in the last quarter. Raymond James Financial Inc. lifted its position in Blackrock Municipal 2030 Target Term Trust by 1.3% in the second quarter. Raymond James Financial Inc. now owns 139,898 shares of the company’s stock worth $3,062,000 after purchasing an additional 1,793 shares during the period. Garden State Investment Advisory Services LLC bought a new position in Blackrock Municipal 2030 Target Term Trust in the second quarter worth $201,000. Finally, Chapman Financial Group LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust during the second quarter worth $44,000.

Blackrock Municipal 2030 Target Term Trust Company Profile

BlackRock Municipal 2030 Target Term Trust (NYSE: BTT) is a non-diversified, closed-end management investment company managed by BlackRock Fund Advisors. Launched in 2018, the trust seeks to provide shareholders with a high level of current income exempt from federal income tax, while also aiming for total return. Shares of BTT trade on the New York Stock Exchange, offering investors a means to access a portfolio of municipal securities through a publicly traded vehicle.

The trust’s primary investment activities focus on U.S.