Cerity Partners LLC Cuts Stock Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Cerity Partners LLC reduced its stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 40.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 143,450 shares of the company’s stock after selling 97,836 shares during the period. Cerity Partners LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $3,045,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Chapman Financial Group LLC purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter valued at about $41,000. Ritter Daniher Financial Advisory LLC DE increased its stake in Blackrock Municipal 2030 Target Term Trust by 86.3% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 4,763 shares of the company’s stock worth $98,000 after acquiring an additional 2,207 shares during the last quarter. Bessemer Group Inc. increased its stake in Blackrock Municipal 2030 Target Term Trust by 11.3% in the 4th quarter. Bessemer Group Inc. now owns 8,126 shares of the company’s stock worth $168,000 after acquiring an additional 823 shares during the last quarter. Two Sigma Securities LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter worth approximately $220,000. Finally, NewEdge Advisors LLC boosted its position in shares of Blackrock Municipal 2030 Target Term Trust by 5.6% during the 4th quarter. NewEdge Advisors LLC now owns 10,764 shares of the company’s stock valued at $222,000 after acquiring an additional 573 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Price Performance

BTT stock opened at $22.02 on Friday. The firm has a fifty day moving average price of $21.60 and a 200 day moving average price of $21.26. Blackrock Municipal 2030 Target Term Trust has a fifty-two week low of $20.20 and a fifty-two week high of $22.08.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be given a dividend of $0.0464 per share. The ex-dividend date is Tuesday, July 15th. This represents a $0.56 annualized dividend and a yield of 2.53%.

About Blackrock Municipal 2030 Target Term Trust

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.