Stratos Wealth Partners LTD. Grows Stock Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Stratos Wealth Partners LTD. boosted its position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 28.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,955 shares of the company’s stock after acquiring an additional 3,800 shares during the period. Stratos Wealth Partners LTD.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $353,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JGP Wealth Management LLC purchased a new stake in Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth approximately $271,000. LPL Financial LLC grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 9.7% during the 3rd quarter. LPL Financial LLC now owns 198,430 shares of the company’s stock valued at $3,852,000 after buying an additional 17,559 shares during the period. EP Wealth Advisors LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 3rd quarter valued at $879,000. Merit Financial Group LLC grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 61.5% during the 3rd quarter. Merit Financial Group LLC now owns 531,955 shares of the company’s stock valued at $10,325,000 after buying an additional 202,632 shares during the period. Finally, Ieq Capital LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 3rd quarter valued at $292,000.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of NYSE BTT opened at $20.52 on Monday. Blackrock Municipal 2030 Target Term Trust has a 52-week low of $18.90 and a 52-week high of $21.83. The firm has a fifty day moving average of $20.99 and a 200-day moving average of $20.58.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a dividend of $0.046 per share. The ex-dividend date is Friday, April 12th. This represents a $0.55 annualized dividend and a dividend yield of 2.69%.

Insider Activity

In other news, Portfolio Manager Christian Romaglino sold 1,519 shares of the business’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $21.12, for a total transaction of $32,081.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Blackrock Municipal 2030 Target Term Trust Profile

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.