Sentinel Trust Co. LBA Purchases 70,960 Shares of Blackrock Municipal 2030 Target Term Trust $BTT

Sentinel Trust Co. LBA increased its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 13.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 609,630 shares of the company’s stock after purchasing an additional 70,960 shares during the quarter. Blackrock Municipal 2030 Target Term Trust makes up approximately 1.4% of Sentinel Trust Co. LBA’s holdings, making the stock its 15th largest holding. Sentinel Trust Co. LBA’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $13,912,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Private Trust Co. NA lifted its holdings in Blackrock Municipal 2030 Target Term Trust by 3.4% in the 4th quarter. Private Trust Co. NA now owns 30,667 shares of the company’s stock worth $700,000 after buying an additional 1,000 shares during the period. Petra Financial Advisors Inc. increased its stake in shares of Blackrock Municipal 2030 Target Term Trust by 3.1% during the fourth quarter. Petra Financial Advisors Inc. now owns 28,560 shares of the company’s stock valued at $652,000 after buying an additional 860 shares during the period. Maltin Wealth Management Inc. raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 1.2% during the fourth quarter. Maltin Wealth Management Inc. now owns 131,007 shares of the company’s stock valued at $2,990,000 after acquiring an additional 1,523 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 5.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,560,360 shares of the company’s stock valued at $35,607,000 after acquiring an additional 75,073 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its stake in Blackrock Municipal 2030 Target Term Trust by 6.2% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 542,733 shares of the company’s stock worth $12,385,000 after acquiring an additional 31,848 shares during the period.

Blackrock Municipal 2030 Target Term Trust Stock Performance

NYSE:BTT opened at $22.89 on Monday. The firm’s fifty day simple moving average is $22.83 and its 200 day simple moving average is $22.68. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $21.05 and a twelve month high of $23.24.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a $0.0464 dividend. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, June 15th.

Blackrock Municipal 2030 Target Term Trust Company Profile

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.