Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 28.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,955 shares of the company’s stock after purchasing an additional 3,800 shares during the period. Stratos Wealth Partners LTD.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $353,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in BTT. Karpus Management Inc. lifted its stake in Blackrock Municipal 2030 Target Term Trust by 23.2% during the third quarter. Karpus Management Inc. now owns 1,889,024 shares of the company’s stock worth $36,666,000 after purchasing an additional 355,950 shares in the last quarter. Pathstone Family Office LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust during the third quarter worth $4,249,000. Merit Financial Group LLC lifted its stake in Blackrock Municipal 2030 Target Term Trust by 61.5% during the third quarter. Merit Financial Group LLC now owns 531,955 shares of the company’s stock worth $10,325,000 after purchasing an additional 202,632 shares in the last quarter. AQR Arbitrage LLC lifted its stake in Blackrock Municipal 2030 Target Term Trust by 1,044.8% during the third quarter. AQR Arbitrage LLC now owns 197,555 shares of the company’s stock worth $3,835,000 after purchasing an additional 180,299 shares in the last quarter. Finally, Cerity Partners LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth $3,022,000.

Insider Transactions at Blackrock Municipal 2030 Target Term Trust

In other news, Portfolio Manager Christian Romaglino sold 1,519 shares of the company’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $21.12, for a total transaction of $32,081.28. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Blackrock Municipal 2030 Target Term Trust Stock Down 0.2 %

Blackrock Municipal 2030 Target Term Trust stock opened at $20.52 on Monday. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $18.90 and a twelve month high of $21.83. The stock’s fifty day simple moving average is $20.99 and its 200-day simple moving average is $20.58.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a dividend of $0.046 per share. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date is Friday, April 12th.

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.