Maltin Wealth Management Inc. Purchases 16,273 Shares of Blackrock Municipal 2030 Target Term Trust $BTT

Maltin Wealth Management Inc. raised its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 14.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 129,683 shares of the company’s stock after acquiring an additional 16,273 shares during the quarter. Maltin Wealth Management Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,839,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Integrated Capital Management Inc. boosted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 32.0% in the second quarter. Integrated Capital Management Inc. now owns 25,321 shares of the company’s stock valued at $554,000 after buying an additional 6,135 shares during the period. M&T Bank Corp acquired a new stake in Blackrock Municipal 2030 Target Term Trust during the 1st quarter valued at $232,000. Dakota Wealth Management boosted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 8.4% during the 2nd quarter. Dakota Wealth Management now owns 88,900 shares of the company’s stock worth $1,946,000 after buying an additional 6,900 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Blackrock Municipal 2030 Target Term Trust by 6.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 74,679 shares of the company’s stock worth $1,637,000 after purchasing an additional 4,197 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of Blackrock Municipal 2030 Target Term Trust by 25.6% in the first quarter. Envestnet Asset Management Inc. now owns 126,408 shares of the company’s stock valued at $2,684,000 after acquiring an additional 25,775 shares during the period.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of NYSE:BTT opened at $22.55 on Friday. The company’s 50 day moving average price is $22.53 and its two-hundred day moving average price is $22.00. Blackrock Municipal 2030 Target Term Trust has a 12-month low of $20.20 and a 12-month high of $22.87.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

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

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.