Sentinel Trust Co. LBA Buys 23,550 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Sentinel Trust Co. LBA grew its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 4.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 581,696 shares of the company’s stock after buying an additional 23,550 shares during the quarter. Blackrock Municipal 2030 Target Term Trust makes up 1.5% of Sentinel Trust Co. LBA’s holdings, making the stock its 14th biggest holding. Sentinel Trust Co. LBA’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $12,349,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Almitas Capital LLC grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 179.6% in the fourth quarter. Almitas Capital LLC now owns 1,501,061 shares of the company’s stock worth $30,907,000 after purchasing an additional 964,150 shares during the last quarter. Pathstone Holdings LLC grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 92.6% in the fourth quarter. Pathstone Holdings LLC now owns 958,519 shares of the company’s stock worth $19,737,000 after purchasing an additional 460,836 shares during the last quarter. Kovitz Investment Group Partners LLC grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 199.3% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 262,825 shares of the company’s stock worth $5,412,000 after purchasing an additional 175,022 shares during the last quarter. Mackay Shields LLC grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 11.6% in the first quarter. Mackay Shields LLC now owns 1,563,907 shares of the company’s stock worth $33,202,000 after purchasing an additional 162,206 shares during the last quarter. Finally, 1607 Capital Partners LLC grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 100.3% in the fourth quarter. 1607 Capital Partners LLC now owns 315,019 shares of the company’s stock worth $6,486,000 after purchasing an additional 157,784 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $21.97 on Friday. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $20.20 and a twelve month high of $22.06. The company’s fifty day moving average is $21.53 and its 200 day moving average is $21.21.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 15th will be paid a $0.0464 dividend. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $0.56 annualized dividend and a dividend yield of 2.53%.

Blackrock Municipal 2030 Target Term Trust 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.