Petra Financial Advisors Inc. Has $1.29 Million Position in Blackrock Municipal 2030 Target Term Trust $BTT

Petra Financial Advisors Inc. raised its position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 99.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 56,975 shares of the company’s stock after purchasing an additional 28,415 shares during the period. Petra Financial Advisors Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $1,293,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of BTT. Basepoint Wealth LLC acquired a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter valued at $29,000. Core Wealth Advisors LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter valued at $30,000. Chapman Financial Group LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust during the 2nd quarter worth $44,000. Key Financial Inc acquired a new stake in Blackrock Municipal 2030 Target Term Trust during the 1st quarter worth $88,000. Finally, Fifth Third Bancorp bought a new position in Blackrock Municipal 2030 Target Term Trust during the first quarter worth about $116,000.

Blackrock Municipal 2030 Target Term Trust Price Performance

NYSE:BTT opened at $22.52 on Wednesday. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $21.90 and a 1 year high of $23.24. The stock has a 50-day moving average price of $22.71 and a two-hundred day moving average price of $22.77.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.0464 per share. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th.

Blackrock Municipal 2030 Target Term Trust Profile

BlackRock Municipal 2030 Target Term Trust (NYSE: BTT) is a non-diversified, closed-end management investment company managed by BlackRock Fund Advisors. Launched in 2018, the trust seeks to provide shareholders with a high level of current income exempt from federal income tax, while also aiming for total return. Shares of BTT trade on the New York Stock Exchange, offering investors a means to access a portfolio of municipal securities through a publicly traded vehicle.

The trust’s primary investment activities focus on U.S.