Wilmington Savings Fund Society FSB Acquires Shares of 23,475 Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Wilmington Savings Fund Society FSB bought a new position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 23,475 shares of the company’s stock, valued at approximately $508,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Sanctuary Advisors LLC increased its holdings in Blackrock Municipal 2030 Target Term Trust by 42.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 71,302 shares of the company’s stock valued at $1,503,000 after acquiring an additional 21,330 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the third quarter worth about $290,000. Kovitz Investment Group Partners LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the third quarter worth about $1,898,000. Integrated Wealth Concepts LLC boosted its stake in Blackrock Municipal 2030 Target Term Trust by 9.9% during the third quarter. Integrated Wealth Concepts LLC now owns 38,968 shares of the company’s stock valued at $842,000 after buying an additional 3,508 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in Blackrock Municipal 2030 Target Term Trust by 27.3% during the 3rd quarter. HighTower Advisors LLC now owns 40,793 shares of the company’s stock valued at $878,000 after buying an additional 8,741 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Down 0.3 %

Shares of BTT opened at $20.92 on Tuesday. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $20.22 and a 1 year high of $21.83. The business’s 50 day simple moving average is $21.27 and its 200-day simple moving average is $21.16.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a dividend of $0.0464 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date is Monday, December 16th.

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.