B. Riley Wealth Advisors Inc. Makes New Investment in Blackrock Municipal 2030 Target Term Trust $BTT

B. Riley Wealth Advisors Inc. purchased a new stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 46,461 shares of the company’s stock, valued at approximately $1,017,000.

Several other large investors have also modified their holdings of BTT. Envestnet Asset Management Inc. increased its stake in Blackrock Municipal 2030 Target Term Trust by 26.0% during the second quarter. Envestnet Asset Management Inc. now owns 159,273 shares of the company’s stock worth $3,486,000 after acquiring an additional 32,865 shares during the last quarter. Integrated Capital Management Inc. grew its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 32.0% during the 2nd quarter. Integrated Capital Management Inc. now owns 25,321 shares of the company’s stock worth $554,000 after purchasing an additional 6,135 shares during the period. Tortoise Investment Management LLC increased its position in Blackrock Municipal 2030 Target Term Trust by 9.5% during the 2nd quarter. Tortoise Investment Management LLC now owns 1,189,486 shares of the company’s stock worth $26,038,000 after purchasing an additional 103,140 shares in the last quarter. Dakota Wealth Management increased its position in Blackrock Municipal 2030 Target Term Trust by 8.4% during the 2nd quarter. Dakota Wealth Management now owns 88,900 shares of the company’s stock worth $1,946,000 after purchasing an additional 6,900 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Blackrock Municipal 2030 Target Term Trust by 6.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 74,679 shares of the company’s stock valued at $1,637,000 after buying an additional 4,197 shares during the period.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of BTT stock opened at $22.31 on Tuesday. The company’s fifty day simple moving average is $22.53 and its 200-day simple moving average is $22.25. Blackrock Municipal 2030 Target Term Trust has a 52 week low of $20.20 and a 52 week high of $22.87.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be paid a $0.0464 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Monday, December 22nd.

Blackrock Municipal 2030 Target Term Trust 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.