Shaker Financial Services LLC Cuts Stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Shaker Financial Services LLC decreased its stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 25.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,143 shares of the company’s stock after selling 4,556 shares during the quarter. Shaker Financial Services LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $271,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Spire Wealth Management acquired a new position in Blackrock Municipal 2030 Target Term Trust during the 4th quarter worth approximately $29,000. Westside Investment Management Inc. purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter valued at approximately $38,000. Stonebridge Financial Group LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter valued at approximately $45,000. Ritter Daniher Financial Advisory LLC DE lifted its position in shares of Blackrock Municipal 2030 Target Term Trust by 86.3% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 4,763 shares of the company’s stock worth $98,000 after purchasing an additional 2,207 shares in the last quarter. Finally, Noble Wealth Management PBC purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at $155,000.

Blackrock Municipal 2030 Target Term Trust Stock Down 0.9 %

BTT opened at $20.65 on Tuesday. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $20.20 and a twelve month high of $21.83. The company has a fifty day simple moving average of $21.16 and a 200 day simple moving average of $21.10.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.0464 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Tuesday, April 15th.

Blackrock Municipal 2030 Target Term Trust Company Profile

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.