Blackrock Municipal 2030 Target Term Trust $BTT Shares Acquired by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. increased its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 26.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 783,682 shares of the company’s stock after buying an additional 166,122 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $17,829,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Pathstone Holdings LLC boosted its position in Blackrock Municipal 2030 Target Term Trust by 6.5% during the 3rd quarter. Pathstone Holdings LLC now owns 2,262,070 shares of the company’s stock worth $50,806,000 after acquiring an additional 138,439 shares during the period. Tortoise Investment Management LLC increased its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 11.3% during the fourth quarter. Tortoise Investment Management LLC now owns 1,361,137 shares of the company’s stock valued at $31,061,000 after purchasing an additional 138,536 shares during the period. Sentinel Trust Co. LBA raised its stake in shares of Blackrock Municipal 2030 Target Term Trust by 37.3% during the first quarter. Sentinel Trust Co. LBA now owns 836,734 shares of the company’s stock valued at $18,994,000 after purchasing an additional 227,104 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Blackrock Municipal 2030 Target Term Trust by 13.4% during the fourth quarter. Van ECK Associates Corp now owns 528,422 shares of the company’s stock valued at $12,059,000 after purchasing an additional 62,301 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in Blackrock Municipal 2030 Target Term Trust by 3.6% in the fourth quarter. LPL Financial LLC now owns 429,814 shares of the company’s stock worth $9,808,000 after purchasing an additional 15,051 shares during the period.

Insider Buying and Selling at Blackrock Municipal 2030 Target Term Trust

In other news, Portfolio Manager Phillip Soccio sold 1,800 shares of the company’s stock in a transaction that occurred on Saturday, August 1st. The shares were sold at an average price of $22.48, for a total value of $40,464.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Blackrock Municipal 2030 Target Term Trust Stock Up 0.4%

BTT stock opened at $22.61 on Friday. The company has a 50-day simple moving average of $22.66 and a 200 day simple moving average of $22.75. Blackrock Municipal 2030 Target Term Trust has a fifty-two week low of $22.15 and a fifty-two week high of $23.24.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

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

Blackrock Municipal 2030 Target Term Trust Company 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.