Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Portfolio Manager Phillip Soccio Sells 1,800 Shares

Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Portfolio Manager Phillip Soccio sold 1,800 shares of the company’s stock in a transaction dated Saturday, August 1st. The stock was sold at an average price of $22.48, for a total value of $40,464.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Blackrock Municipal 2030 Target Term Trust Stock Up 0.1%

Shares of BTT traded up $0.03 during midday trading on Tuesday, reaching $22.49. 91,429 shares of the stock were exchanged, compared to its average volume of 94,419. 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 50 day simple moving average of $22.68 and a 200-day simple moving average of $22.75.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a $0.0464 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 2.5%.

Institutional Investors Weigh In On Blackrock Municipal 2030 Target Term Trust

Several institutional investors and hedge funds have recently modified their holdings of BTT. Scarborough Advisors LLC raised its position in Blackrock Municipal 2030 Target Term Trust by 0.4% in the first quarter. Scarborough Advisors LLC now owns 120,571 shares of the company’s stock worth $2,737,000 after purchasing an additional 454 shares in the last quarter. Jefferies Financial Group Inc. lifted its stake in Blackrock Municipal 2030 Target Term Trust by 1.9% during the fourth quarter. Jefferies Financial Group Inc. now owns 26,485 shares of the company’s stock worth $604,000 after purchasing an additional 500 shares during the period. Cerity Partners LLC boosted its holdings in Blackrock Municipal 2030 Target Term Trust by 0.3% during the fourth quarter. Cerity Partners LLC now owns 143,450 shares of the company’s stock valued at $3,274,000 after purchasing an additional 500 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in Blackrock Municipal 2030 Target Term Trust by 25.0% during the second quarter. CoreCap Advisors LLC now owns 2,500 shares of the company’s stock valued at $57,000 after purchasing an additional 500 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 2.7% in the 3rd quarter. NewEdge Advisors LLC now owns 22,243 shares of the company’s stock valued at $500,000 after purchasing an additional 591 shares during the period.

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.