UBS Group AG Reduces Position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

UBS Group AG lessened its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT – Get Rating) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 914,309 shares of the company’s stock after selling 28,835 shares during the quarter. UBS Group AG’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $19,466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. U.S. Capital Wealth Advisors LLC purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter worth $85,000. Nations Financial Group Inc. IA ADV purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust during the 1st quarter worth $213,000. Cetera Advisor Networks LLC boosted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 19.2% during the 1st quarter. Cetera Advisor Networks LLC now owns 9,282 shares of the company’s stock worth $219,000 after acquiring an additional 1,492 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust during the 3rd quarter worth $217,000. Finally, Wedbush Securities Inc. lifted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 7.1% during the 4th quarter. Wedbush Securities Inc. now owns 10,847 shares of the company’s stock valued at $231,000 after buying an additional 716 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Performance

BTT opened at $20.99 on Friday. Blackrock Municipal 2030 Target Term Trust has a fifty-two week low of $20.26 and a fifty-two week high of $23.87. The firm’s fifty day moving average is $21.31 and its 200 day moving average is $21.44.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 1st. Investors of record on Monday, May 15th will be paid a dividend of $0.056 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date of this dividend is Friday, May 12th.

About Blackrock Municipal 2030 Target Term Trust

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BlackRock Municipal 2030 Target Term Trust is a closed-end investment fund. It aims to provide current income exempt from regular federal income tax. The company was founded on August 30, 2011 and is headquartered in Wilmington, DE.