Blackrock Municipal 2030 Target Term Trust $BTT Shares Bought by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. increased its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 6.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 542,733 shares of the company’s stock after purchasing an additional 31,848 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $12,385,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BTT. B. Riley Wealth Advisors Inc. acquired a new position in Blackrock Municipal 2030 Target Term Trust in the second quarter worth approximately $1,017,000. Allspring Global Investments Holdings LLC lifted its position in shares of Blackrock Municipal 2030 Target Term Trust by 5.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,485,287 shares of the company’s stock valued at $33,360,000 after acquiring an additional 78,600 shares during the last quarter. Gridiron Partners LLC lifted its position in shares of Blackrock Municipal 2030 Target Term Trust by 2,363.9% during the 3rd quarter. Gridiron Partners LLC now owns 1,868,965 shares of the company’s stock valued at $42,000 after acquiring an additional 1,793,110 shares during the last quarter. Karpus Management Inc. grew its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 19.1% in the 2nd quarter. Karpus Management Inc. now owns 3,587,879 shares of the company’s stock worth $78,539,000 after acquiring an additional 575,137 shares during the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the second quarter worth $789,000.

Blackrock Municipal 2030 Target Term Trust Stock Down 0.0%

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $22.41 on Monday. Blackrock Municipal 2030 Target Term Trust has a 12-month low of $20.20 and a 12-month high of $23.08. The stock’s fifty day moving average is $22.78 and its 200-day moving average is $22.62.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.0464 per share. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date is Monday, June 15th.

Blackrock Municipal 2030 Target Term Trust 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.