81,642 Blackrock Municipal 2030 Target Term Trust $BTT Shares Bought by Tortoise Investment Management LLC

Tortoise Investment Management LLC increased its position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 5.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,502,116 shares of the company’s stock after buying an additional 81,642 shares during the quarter. Blackrock Municipal 2030 Target Term Trust comprises approximately 2.5% of Tortoise Investment Management LLC’s holdings, making the stock its 7th largest position. Tortoise Investment Management LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $32,806,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Jacobi Capital Management LLC grew its holdings in Blackrock Municipal 2030 Target Term Trust by 3.2% during the third quarter. Jacobi Capital Management LLC now owns 214,702 shares of the company’s stock worth $4,689,000 after acquiring an additional 6,662 shares during the period. Narwhal Capital Management bought a new stake in Blackrock Municipal 2030 Target Term Trust in the third quarter worth about $7,801,000. Allspring Global Investments Holdings LLC raised its position in Blackrock Municipal 2030 Target Term Trust by 14.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,794,332 shares of the company’s stock worth $39,188,000 after acquiring an additional 230,472 shares in the last quarter. Beverly Hills Private Wealth LLC lifted its holdings in Blackrock Municipal 2030 Target Term Trust by 23.2% in the 3rd quarter. Beverly Hills Private Wealth LLC now owns 312,029 shares of the company’s stock valued at $6,815,000 after acquiring an additional 58,722 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in Blackrock Municipal 2030 Target Term Trust by 7.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 51,640 shares of the company’s stock valued at $1,128,000 after acquiring an additional 3,576 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Performance

NYSE:BTT opened at $22.19 on Friday. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $21.30 and a twelve month high of $23.24. The company has a 50-day moving average of $22.09 and a 200-day moving average of $22.57.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be paid a dividend of $0.0464 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $0.56 annualized dividend and a yield of 2.5%.

About Blackrock Municipal 2030 Target Term Trust

BlackRock Municipal 2030 Target Term Trust (NYSE:BTT) is a closed-end management investment company sponsored and managed by BlackRock. The trust seeks to provide current income that is exempt from regular U.S. federal income tax, with a secondary objective of preserving capital and generating potential capital appreciation. The trust invests primarily in municipal obligations issued by states, territories, and possessions of the United States, as well as their political subdivisions and agencies.