Wolverine Asset Management LLC Sells 8,608 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Wolverine Asset Management LLC trimmed its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 64.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,767 shares of the company’s stock after selling 8,608 shares during the quarter. Wolverine Asset Management LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $99,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Tyche Wealth Partners LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust in the fourth quarter worth about $238,000. Melfa Wealth Management LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at approximately $240,000. Stratos Wealth Partners LTD. boosted its stake in Blackrock Municipal 2030 Target Term Trust by 20.6% in the third quarter. Stratos Wealth Partners LTD. now owns 13,155 shares of the company’s stock valued at $255,000 after acquiring an additional 2,250 shares during the last quarter. Edge Wealth Management LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter valued at $270,000. Finally, JGP Wealth Management LLC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth $271,000.

Blackrock Municipal 2030 Target Term Trust Price Performance

NYSE:BTT opened at $20.54 on Monday. Blackrock Municipal 2030 Target Term Trust has a 1-year low of $18.90 and a 1-year high of $21.64. The business’s 50-day moving average price is $20.84 and its two-hundred day moving average price is $20.65.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

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

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.