Western Wealth Management LLC Takes $203,000 Position in Blackrock Municipal 2030 Target Term Trust $BTT

Western Wealth Management LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,295 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors have also bought and sold shares of the company. Tortoise Investment Management LLC lifted its stake in Blackrock Municipal 2030 Target Term Trust by 9.5% during the 2nd quarter. Tortoise Investment Management LLC now owns 1,189,486 shares of the company’s stock valued at $26,038,000 after acquiring an additional 103,140 shares in the last quarter. Maltin Wealth Management Inc. grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 14.3% in the 2nd quarter. Maltin Wealth Management Inc. now owns 129,683 shares of the company’s stock worth $2,839,000 after acquiring an additional 16,273 shares in the last quarter. Aviance Capital Partners LLC raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 20.7% in the second quarter. Aviance Capital Partners LLC now owns 13,484 shares of the company’s stock valued at $295,000 after purchasing an additional 2,314 shares during the last quarter. Petra Financial Advisors Inc. raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 12.2% in the second quarter. Petra Financial Advisors Inc. now owns 27,030 shares of the company’s stock valued at $592,000 after purchasing an additional 2,935 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 26.0% in the second quarter. Envestnet Asset Management Inc. now owns 159,273 shares of the company’s stock valued at $3,486,000 after purchasing an additional 32,865 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Blackrock Municipal 2030 Target Term Trust stock opened at $22.26 on Thursday. Blackrock Municipal 2030 Target Term Trust has a fifty-two week low of $20.20 and a fifty-two week high of $22.87. The firm’s 50-day simple moving average is $22.53 and its 200 day simple moving average is $22.09.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be paid a $0.0464 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Friday, November 14th.

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.