Petra Financial Advisors Inc. Has $1.29 Million Holdings 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% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,975 shares of the company’s stock after purchasing an additional 28,415 shares during the quarter. Petra Financial Advisors Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $1,293,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Basepoint Wealth LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at about $29,000. Core Wealth Advisors LLC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth about $30,000. Chapman Financial Group LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust in the 2nd quarter valued at approximately $44,000. Key Financial Inc acquired a new stake in Blackrock Municipal 2030 Target Term Trust in the 1st quarter valued at approximately $88,000. Finally, Fifth Third Bancorp bought a new stake in Blackrock Municipal 2030 Target Term Trust in the 1st quarter valued at approximately $116,000.

Blackrock Municipal 2030 Target Term Trust Stock Down 0.2%

NYSE:BTT opened at $22.52 on Wednesday. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $21.90 and a twelve month high of $23.24. The business 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 Dividend Announcement

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 given a $0.0464 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend 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.