Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Shares Sold by Raymond James & Associates

Raymond James & Associates trimmed its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 28.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 116,289 shares of the company’s stock after selling 46,592 shares during the period. Raymond James & Associates’ holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,419,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in BTT. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 0.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 285,853 shares of the company’s stock worth $5,548,000 after purchasing an additional 1,054 shares during the last quarter. Baird Financial Group Inc. boosted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 1.6% during the 1st quarter. Baird Financial Group Inc. now owns 87,264 shares of the company’s stock worth $2,062,000 after purchasing an additional 1,336 shares during the last quarter. 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 purchasing an additional 1,492 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 13.7% during the 3rd quarter. Captrust Financial Advisors now owns 13,281 shares of the company’s stock worth $273,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Arbor Capital Management Inc. ADV boosted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 2.3% during the 1st quarter. Arbor Capital Management Inc. ADV now owns 72,386 shares of the company’s stock worth $1,553,000 after purchasing an additional 1,647 shares during the last quarter.

Insiders Place Their Bets

In other news, Portfolio Manager Christian Romaglino sold 1,519 shares of the stock in a transaction dated 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 document filed with the SEC, which is available through this hyperlink.

Blackrock Municipal 2030 Target Term Trust Stock Down 1.0 %

Blackrock Municipal 2030 Target Term Trust stock opened at $20.32 on Tuesday. Blackrock Municipal 2030 Target Term Trust has a 12-month low of $18.90 and a 12-month high of $21.70. The firm’s 50-day moving average is $20.97 and its two-hundred day moving average is $20.58.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders 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 2.72%.

Blackrock Municipal 2030 Target Term Trust Company 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.