Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) to Issue $0.05 Monthly Dividend

Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) declared a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be given a dividend of 0.0464 per share on Thursday, October 1st. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $22.23 on Friday. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $22.15 and a 1 year high of $23.24. The stock has a 50-day moving average price of $22.57 and a 200 day moving average price of $22.70.

Insider Buying and Selling

In other Blackrock Municipal 2030 Target Term Trust 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 transaction was disclosed in a document filed with the SEC, which is available at this link.

Institutional Trading of Blackrock Municipal 2030 Target Term Trust

A number of institutional investors have recently bought and sold shares of the company. Basepoint Wealth LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter worth about $29,000. Core Wealth Advisors LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at approximately $30,000. Chapman Financial Group LLC bought a new stake in Blackrock Municipal 2030 Target Term Trust in the second quarter worth approximately $44,000. CoreCap Advisors LLC raised its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 25.0% during the 2nd quarter. CoreCap Advisors LLC now owns 2,500 shares of the company’s stock valued at $57,000 after purchasing an additional 500 shares in the last quarter. Finally, Key Financial Inc acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 1st quarter valued at $88,000.

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.