Van ECK Associates Corp Has $787,000 Stock Holdings in Blackrock 2037 Municipal Target Term Trust (NYSE:BMN)

Van ECK Associates Corp lessened its holdings in shares of Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) by 12.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 30,762 shares of the company’s stock after selling 4,374 shares during the period. Van ECK Associates Corp’s holdings in Blackrock 2037 Municipal Target Term Trust were worth $787,000 as of its most recent filing with the SEC.

Separately, HighTower Advisors LLC boosted its position in shares of Blackrock 2037 Municipal Target Term Trust by 41.7% during the third quarter. HighTower Advisors LLC now owns 14,168 shares of the company’s stock worth $363,000 after purchasing an additional 4,168 shares in the last quarter.

Blackrock 2037 Municipal Target Term Trust Price Performance

Shares of NYSE BMN opened at $25.43 on Friday. The company’s fifty day moving average is $25.43 and its 200-day moving average is $25.25. Blackrock 2037 Municipal Target Term Trust has a twelve month low of $23.55 and a twelve month high of $26.14.

Blackrock 2037 Municipal Target Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.0938 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.13 annualized dividend and a yield of 4.42%.

About Blackrock 2037 Municipal Target Term Trust

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.