Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Shares Purchased by Van ECK Associates Corp

Van ECK Associates Corp increased its position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 8.7% in the third quarter, HoldingsChannel.com reports. The firm owned 539,934 shares of the company’s stock after acquiring an additional 43,381 shares during the quarter. Van ECK Associates Corp’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $11,447,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of BTT. Ashton Thomas Private Wealth LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the second quarter valued at $42,000. Rothschild Investment LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the second quarter valued at $83,000. Perkins Coie Trust Co acquired a new position in Blackrock Municipal 2030 Target Term Trust in the second quarter valued at $155,000. Ackerman Capital Advisors LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the second quarter valued at $220,000. Finally, Shaker Financial Services LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the second quarter valued at $375,000.

Blackrock Municipal 2030 Target Term Trust Stock Performance

NYSE BTT opened at $21.24 on Wednesday. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $20.01 and a 1 year high of $21.83. The company has a fifty day moving average of $21.46 and a two-hundred day moving average of $21.04.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a $0.0464 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.56 annualized dividend and a yield of 2.62%.

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.