Blackrock Municipal 2030 Target Term Trust (BTT) to Issue Monthly Dividend of $0.05 on October 1st

Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) announced a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.0464 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of BTT opened at $22.23 on Friday. Blackrock Municipal 2030 Target Term Trust has a 12 month low of $22.15 and a 12 month high of $23.24. The firm has a fifty day simple moving average of $22.57 and a 200 day simple moving average of $22.70.

Insider Buying and Selling

In other Blackrock Municipal 2030 Target Term Trust news, Portfolio Manager Phillip Soccio sold 1,800 shares of the business’s stock in a transaction dated Saturday, August 1st. The shares were sold at an average price of $22.48, for a total transaction of $40,464.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Institutional Trading of Blackrock Municipal 2030 Target Term Trust

A number of hedge funds and other institutional investors have recently modified their holdings of BTT. Focus Partners Wealth bought a new position in shares of Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at about $5,756,000. Sentinel Trust Co. LBA boosted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 37.3% during the 1st quarter. Sentinel Trust Co. LBA now owns 836,734 shares of the company’s stock worth $18,994,000 after buying an additional 227,104 shares during the period. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 26.9% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 783,682 shares of the company’s stock worth $17,829,000 after buying an additional 166,122 shares during the period. Tortoise Investment Management LLC boosted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 11.3% during the 4th quarter. Tortoise Investment Management LLC now owns 1,361,137 shares of the company’s stock worth $31,061,000 after buying an additional 138,536 shares during the period. Finally, Pathstone Holdings LLC grew its stake in Blackrock Municipal 2030 Target Term Trust by 6.5% in the 3rd quarter. Pathstone Holdings LLC now owns 2,262,070 shares of the company’s stock valued at $50,806,000 after buying an additional 138,439 shares during the last quarter.

About Blackrock Municipal 2030 Target Term Trust

BlackRock Municipal 2030 Target Term Trust (NYSE: BTT) is a non-diversified, closed-end management investment company managed by BlackRock Fund Advisors. Launched in 2018, the trust seeks to provide shareholders with a high level of current income exempt from federal income tax, while also aiming for total return. Shares of BTT trade on the New York Stock Exchange, offering investors a means to access a portfolio of municipal securities through a publicly traded vehicle.

The trust’s primary investment activities focus on U.S.