Avior Wealth Management LLC Cuts Position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Avior Wealth Management LLC cut its stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 14.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,806 shares of the company’s stock after selling 2,133 shares during the quarter. Avior Wealth Management LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $266,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in BTT. Nations Financial Group Inc. IA ADV acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 1st quarter worth $213,000. Cetera Advisor Networks LLC boosted its position in shares of Blackrock Municipal 2030 Target Term Trust by 19.2% in the 1st quarter. Cetera Advisor Networks LLC now owns 9,282 shares of the company’s stock worth $219,000 after purchasing an additional 1,492 shares in the last quarter. Equitable Holdings Inc. acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth $233,000. Melfa Wealth Management LLC acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth $240,000. Finally, Captrust Financial Advisors acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 2nd quarter worth $259,000.

Insider Transactions at Blackrock Municipal 2030 Target Term Trust

In other news, Portfolio Manager Christian Romaglino sold 1,519 shares of the firm’s stock in a transaction 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Blackrock Municipal 2030 Target Term Trust Price Performance

Blackrock Municipal 2030 Target Term Trust stock opened at $20.41 on Friday. Blackrock Municipal 2030 Target Term Trust has a 1-year low of $18.90 and a 1-year high of $21.70. The business has a fifty day moving average price of $20.90 and a 200-day moving average price of $20.60.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm 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 $0.046 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.70%.

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.