Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Shares Purchased by Dakota Wealth Management

Dakota Wealth Management boosted its stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 30.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,900 shares of the company’s stock after acquiring an additional 16,400 shares during the period. Dakota Wealth Management’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $1,460,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Logan Stone Capital LLC raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 79.0% during the second quarter. Logan Stone Capital LLC now owns 671,281 shares of the company’s stock worth $13,943,000 after purchasing an additional 296,221 shares during the period. Pathstone Holdings LLC raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 138.1% during the third quarter. Pathstone Holdings LLC now owns 497,683 shares of the company’s stock worth $10,760,000 after purchasing an additional 288,682 shares during the period. Hara Capital LLC raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 294.2% during the third quarter. Hara Capital LLC now owns 272,765 shares of the company’s stock worth $5,897,000 after purchasing an additional 203,563 shares during the period. Kovitz Investment Group Partners LLC acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the third quarter worth $1,898,000. Finally, Park Avenue Securities LLC acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth $1,634,000.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of NYSE:BTT opened at $20.83 on Friday. Blackrock Municipal 2030 Target Term Trust has a 1-year low of $20.22 and a 1-year high of $21.83. The company’s fifty day moving average is $20.90 and its two-hundred day moving average is $21.16.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.0464 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.56 annualized dividend and a dividend yield of 2.67%.

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.