Blackrock Municipal 2030 Targt Term Trst (NYSE:BTT) Director Richard Cavanagh acquired 500 shares of the company’s stock in a transaction on Friday, October 6th. The shares were purchased at an average cost of $22.64 per share, for a total transaction of $11,320.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Blackrock Municipal 2030 Targt Term Trst (NYSE:BTT) traded down 0.62% during trading on Friday, hitting $22.62. The company’s stock had a trading volume of 120,209 shares. Blackrock Municipal 2030 Targt Term Trst has a 52 week low of $21.09 and a 52 week high of $23.95. The firm’s 50 day moving average price is $22.84 and its 200-day moving average price is $22.97.

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 1st. Investors of record on Monday, October 16th will be given a $0.0718 dividend. The ex-dividend date of this dividend is Friday, October 13th. This represents a $0.86 annualized dividend and a dividend yield of 3.81%.

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Several large investors have recently modified their holdings of BTT. Susquehanna International Group LLP purchased a new stake in shares of Blackrock Municipal 2030 Targt Term Trst in the 2nd quarter valued at approximately $868,000. Doliver Capital Advisors LP purchased a new stake in shares of Blackrock Municipal 2030 Targt Term Trst in the 2nd quarter valued at approximately $565,000. Van ECK Associates Corp lifted its position in shares of Blackrock Municipal 2030 Targt Term Trst by 16.8% in the 2nd quarter. Van ECK Associates Corp now owns 138,308 shares of the company’s stock valued at $3,200,000 after acquiring an additional 19,900 shares in the last quarter. Moody Lynn & Lieberson LLC lifted its position in shares of Blackrock Municipal 2030 Targt Term Trst by 106.9% in the 2nd quarter. Moody Lynn & Lieberson LLC now owns 32,905 shares of the company’s stock valued at $761,000 after acquiring an additional 17,000 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Blackrock Municipal 2030 Targt Term Trst by 2.8% in the 2nd quarter. Wells Fargo & Company MN now owns 540,350 shares of the company’s stock valued at $12,504,000 after acquiring an additional 14,619 shares in the last quarter.

Blackrock Municipal 2030 Targt Term Trst Company Profile

BlackRock Municipal 2030 Target Term Trust, formerly BlackRock Municipal Target Term Trust, is a closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax (but which may be subject to the federal alternative minimum tax in certain circumstances) and to return $25 per common share (the initial offering price per share) to holders of common shares on or about December 31, 2030.

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