Van ECK Associates Corp Has $8.85 Million Stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Van ECK Associates Corp raised its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTTFree Report) by 20.7% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 455,963 shares of the company’s stock after purchasing an additional 78,053 shares during the period. Van ECK Associates Corp’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $8,850,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 0.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 285,853 shares of the company’s stock worth $5,548,000 after buying an additional 1,054 shares during the last quarter. Baird Financial Group Inc. lifted its stake in Blackrock Municipal 2030 Target Term Trust by 1.6% in the first quarter. Baird Financial Group Inc. now owns 87,264 shares of the company’s stock valued at $2,062,000 after purchasing an additional 1,336 shares during the last quarter. Pinnacle Associates Ltd. lifted its stake in Blackrock Municipal 2030 Target Term Trust by 2.4% in the second quarter. Pinnacle Associates Ltd. now owns 60,271 shares of the company’s stock valued at $1,252,000 after purchasing an additional 1,431 shares during the last quarter. Cetera Advisor Networks LLC lifted its stake in Blackrock Municipal 2030 Target Term Trust by 19.2% in the first quarter. Cetera Advisor Networks LLC now owns 9,282 shares of the company’s stock valued at $219,000 after purchasing an additional 1,492 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in Blackrock Municipal 2030 Target Term Trust by 13.7% in the third quarter. Captrust Financial Advisors now owns 13,281 shares of the company’s stock valued at $273,000 after purchasing an additional 1,600 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Trading Down 0.1 %

Blackrock Municipal 2030 Target Term Trust stock opened at $21.22 on Friday. Blackrock Municipal 2030 Target Term Trust has a 12 month low of $18.90 and a 12 month high of $22.50. The business’s 50 day simple moving average is $20.92 and its 200 day simple moving average is $20.39.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 1st. Investors of record on Thursday, February 15th will be paid a $0.0464 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.56 annualized dividend and a yield of 2.62%.

Insider Activity at Blackrock Municipal 2030 Target Term Trust

In related news, Portfolio Manager Christian Romaglino sold 1,519 shares of the company’s stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $21.12, for a total value of $32,081.28. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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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