Beverly Hills Private Wealth LLC Reduces Position in Blackrock Municipal 2030 Target Term Trust $BTT

Beverly Hills Private Wealth LLC trimmed its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 4.8% during the second quarter, Holdings Channel reports. The fund owned 164,879 shares of the company’s stock after selling 8,302 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $3,609,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BTT. Keeley Teton Advisors LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the first quarter worth about $201,000. Twin Focus Capital Partners LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the first quarter worth about $204,000. M&T Bank Corp acquired a new position in Blackrock Municipal 2030 Target Term Trust in the first quarter worth about $232,000. Aviance Capital Partners LLC grew its stake in Blackrock Municipal 2030 Target Term Trust by 7.5% in the first quarter. Aviance Capital Partners LLC now owns 11,170 shares of the company’s stock worth $237,000 after purchasing an additional 776 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the first quarter worth about $298,000.

Blackrock Municipal 2030 Target Term Trust Trading Down 0.4%

NYSE:BTT opened at $22.53 on Monday. Blackrock Municipal 2030 Target Term Trust has a one year low of $20.20 and a one year high of $22.87. The stock has a 50-day simple moving average of $22.44 and a 200 day simple moving average of $21.82.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Wednesday, October 15th will be paid a $0.0464 dividend. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, October 15th.

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.