Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Declares Monthly Dividend of $0.05

Blackrock Municipal 2030 Target Term Trust (NYSE:BTTGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Shareholders of record on Monday, April 15th will be paid a dividend of 0.046 per share on Wednesday, May 1st. This represents a $0.55 annualized dividend and a yield of 2.64%. The ex-dividend date is Friday, April 12th.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.5 %

Blackrock Municipal 2030 Target Term Trust stock traded up $0.11 during mid-day trading on Wednesday, hitting $20.89. 55,789 shares of the company traded hands, compared to its average volume of 138,272. Blackrock Municipal 2030 Target Term Trust has a one year low of $18.90 and a one year high of $21.83. The stock has a fifty day moving average price of $21.08 and a 200-day moving average price of $20.52.

Insiders Place Their Bets

In related news, Portfolio Manager Christian Romaglino sold 1,519 shares of Blackrock Municipal 2030 Target Term Trust stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $21.12, for a total value of $32,081.28. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Institutional Trading of Blackrock Municipal 2030 Target Term Trust

Large investors have recently added to or reduced their stakes in the stock. Nations Financial Group Inc. IA ADV bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 1st quarter valued at $213,000. Cetera Advisor Networks LLC boosted its stake in Blackrock Municipal 2030 Target Term Trust by 19.2% in the 1st quarter. Cetera Advisor Networks LLC now owns 9,282 shares of the company’s stock worth $219,000 after purchasing an additional 1,492 shares in the last quarter. Equitable Holdings Inc. bought a new position in Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth about $233,000. Virtu Financial LLC bought a new position in Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth about $257,000. Finally, Captrust Financial Advisors bought a new position in Blackrock Municipal 2030 Target Term Trust in the 2nd quarter worth about $259,000.

About Blackrock Municipal 2030 Target Term Trust

(Get Free Report)

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.

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Dividend History for Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

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