Beverly Hills Private Wealth LLC Takes $745,000 Position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Beverly Hills Private Wealth LLC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 35,805 shares of the company’s stock, valued at approximately $745,000.

Several other large investors have also added to or reduced their stakes in BTT. JGP Wealth Management LLC acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter worth approximately $271,000. LPL Financial LLC increased its stake in Blackrock Municipal 2030 Target Term Trust by 9.7% in the third quarter. LPL Financial LLC now owns 198,430 shares of the company’s stock valued at $3,852,000 after purchasing an additional 17,559 shares in the last quarter. EP Wealth Advisors LLC bought a new stake in Blackrock Municipal 2030 Target Term Trust in the third quarter valued at $879,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 4.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,109,028 shares of the company’s stock valued at $23,068,000 after purchasing an additional 49,694 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its position in shares of Blackrock Municipal 2030 Target Term Trust by 20.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 13,155 shares of the company’s stock worth $255,000 after purchasing an additional 2,250 shares in the last quarter.

Insider Activity

In other Blackrock Municipal 2030 Target Term Trust news, Portfolio Manager Christian Romaglino sold 1,519 shares of the business’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $21.12, for a total transaction of $32,081.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of BTT opened at $20.52 on Monday. Blackrock Municipal 2030 Target Term Trust has a one year low of $18.90 and a one year high of $21.83. The stock has a 50-day moving average of $20.99 and a 200-day moving average of $20.58.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a $0.046 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.55 dividend on an annualized basis and a yield of 2.69%.

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.