Van ECK Associates Corp Raises Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Van ECK Associates Corp increased its position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTTFree Report) by 1.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 527,339 shares of the company’s stock after purchasing an additional 7,646 shares during the quarter. Van ECK Associates Corp’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $11,106,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Successful Portfolios LLC boosted its stake in Blackrock Municipal 2030 Target Term Trust by 4.4% during the fourth quarter. Successful Portfolios LLC now owns 23,607 shares of the company’s stock worth $491,000 after buying an additional 1,000 shares during the last quarter. Lindbrook Capital LLC boosted its stake in Blackrock Municipal 2030 Target Term Trust by 100.0% during the first quarter. Lindbrook Capital LLC now owns 2,000 shares of the company’s stock worth $42,000 after buying an additional 1,000 shares during the last quarter. Jacobi Capital Management LLC boosted its stake in Blackrock Municipal 2030 Target Term Trust by 0.6% during the fourth quarter. Jacobi Capital Management LLC now owns 163,023 shares of the company’s stock worth $3,391,000 after buying an additional 1,036 shares during the last quarter. Crewe Advisors LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth $42,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Blackrock Municipal 2030 Target Term Trust by 4.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 62,469 shares of the company’s stock worth $1,316,000 after buying an additional 2,756 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Performance

NYSE BTT traded up $0.12 on Friday, reaching $20.91. 104,896 shares of the company were exchanged, compared to its average volume of 135,984. Blackrock Municipal 2030 Target Term Trust has a fifty-two week low of $18.90 and a fifty-two week high of $21.64. The business’s fifty day moving average price is $20.61 and its 200 day moving average price is $20.82.

Blackrock Municipal 2030 Target Term Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 1st. Stockholders of record on Monday, July 15th will be paid a $0.0464 dividend. This represents a $0.56 annualized dividend and a dividend yield of 2.66%. The ex-dividend date is Monday, July 15th. This is a positive change from Blackrock Municipal 2030 Target Term Trust’s previous monthly dividend of $0.05.

Blackrock Municipal 2030 Target Term Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

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