Magnus Financial Group LLC Has $317,000 Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Magnus Financial Group LLC cut its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 17.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,231 shares of the company’s stock after selling 3,301 shares during the period. Magnus Financial Group LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $317,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of BTT. Karpus Management Inc. grew its position in Blackrock Municipal 2030 Target Term Trust by 23.2% during the 3rd quarter. Karpus Management Inc. now owns 1,889,024 shares of the company’s stock worth $36,666,000 after acquiring an additional 355,950 shares during the last quarter. Pathstone Family Office LLC bought a new stake in Blackrock Municipal 2030 Target Term Trust during the 3rd quarter worth approximately $4,249,000. Merit Financial Group LLC boosted its position in Blackrock Municipal 2030 Target Term Trust by 61.5% in the 3rd quarter. Merit Financial Group LLC now owns 531,955 shares of the company’s stock valued at $10,325,000 after buying an additional 202,632 shares during the last quarter. AQR Arbitrage LLC boosted its position in Blackrock Municipal 2030 Target Term Trust by 1,044.8% in the 3rd quarter. AQR Arbitrage LLC now owns 197,555 shares of the company’s stock valued at $3,835,000 after buying an additional 180,299 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in Blackrock Municipal 2030 Target Term Trust by 20.7% in the 3rd quarter. Van ECK Associates Corp now owns 455,963 shares of the company’s stock valued at $8,850,000 after buying an additional 78,053 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.4 %

Shares of BTT opened at $20.54 on Monday. The business’s fifty day moving average price is $20.84 and its two-hundred day moving average price is $20.65. Blackrock Municipal 2030 Target Term Trust has a 52 week low of $18.90 and a 52 week high of $21.64.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be given a $0.046 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.55 dividend on an annualized basis and a yield of 2.69%.

Blackrock Municipal 2030 Target Term Trust Profile

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax.