Blackrock Municipal 2030 Target Term Trust $BTT Stock: Beverly Hills Private Wealth LLC Raises Holdings

Beverly Hills Private Wealth LLC grew its position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 23.2% during the 3rd quarter, Holdings Channel reports. The firm owned 312,029 shares of the company’s stock after purchasing an additional 58,722 shares during the quarter. Blackrock Municipal 2030 Target Term Trust makes up about 1.0% of Beverly Hills Private Wealth LLC’s investment portfolio, making the stock its 19th biggest position. Beverly Hills Private Wealth LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $6,815,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in BTT. CoreCap Advisors LLC increased its position 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 worth $57,000 after purchasing an additional 500 shares in the last quarter. Western Wealth Management LLC bought a new position in Blackrock Municipal 2030 Target Term Trust during the 1st quarter valued at about $91,000. Fifth Third Bancorp acquired a new position in Blackrock Municipal 2030 Target Term Trust in the first quarter valued at about $116,000. Allworth Financial LP boosted its position in Blackrock Municipal 2030 Target Term Trust by 817.8% in the second quarter. Allworth Financial LP now owns 5,966 shares of the company’s stock valued at $136,000 after buying an additional 5,316 shares in the last quarter. Finally, Everest Financial Group LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the first quarter valued at about $279,000.

Blackrock Municipal 2030 Target Term Trust Stock Up 0.1%

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $22.71 on Monday. Blackrock Municipal 2030 Target Term Trust has a 1-year low of $21.30 and a 1-year high of $23.24. The firm’s 50-day moving average price is $22.10 and its two-hundred day moving average price is $22.57.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 13th will be issued a $0.0464 dividend. This represents a $0.56 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, November 13th.

About Blackrock Municipal 2030 Target Term Trust

BlackRock Municipal 2030 Target Term Trust (NYSE:BTT) is a closed-end management investment company sponsored and managed by BlackRock. The trust seeks to provide current income that is exempt from regular U.S. federal income tax, with a secondary objective of preserving capital and generating potential capital appreciation.

The trust invests primarily in municipal obligations issued by states, territories, and possessions of the United States, as well as their political subdivisions and agencies.