Raymond James Financial Inc. Cuts Stake in Blackrock Municipal 2030 Target Term Trust $BTT

Raymond James Financial Inc. reduced its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 7.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,105 shares of the company’s stock after selling 11,437 shares during the period. Raymond James Financial Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,932,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Twin Focus Capital Partners LLC purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust during the 1st quarter worth about $204,000. Kovitz Investment Group Partners LLC lifted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 6.6% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 280,185 shares of the company’s stock worth $5,948,000 after acquiring an additional 17,360 shares during the period. Virtu Financial LLC purchased a new position in shares of Blackrock Municipal 2030 Target Term Trust during the 1st quarter worth about $298,000. Wolverine Asset Management LLC lifted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 22.8% during the 1st quarter. Wolverine Asset Management LLC now owns 70,530 shares of the company’s stock worth $1,497,000 after acquiring an additional 13,081 shares during the period. Finally, Ritter Daniher Financial Advisory LLC DE lifted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 213.5% during the 1st quarter. Ritter Daniher Financial Advisory LLC DE now owns 14,932 shares of the company’s stock worth $317,000 after acquiring an additional 10,169 shares during the period.

Blackrock Municipal 2030 Target Term Trust Price Performance

BTT opened at $22.54 on Monday. The firm has a 50 day moving average price of $22.14 and a 200 day moving average price of $21.57. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $20.20 and a 1 year high of $22.56.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 15th will be given a dividend of $0.0464 per share. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, September 15th.

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.