Oppenheimer & Co. Inc. Grows Stock Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Oppenheimer & Co. Inc. raised its position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTTFree Report) by 20.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 20,136 shares of the company’s stock after acquiring an additional 3,451 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $391,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Stratos Wealth Partners LTD. increased its holdings in Blackrock Municipal 2030 Target Term Trust by 20.6% in the third quarter. Stratos Wealth Partners LTD. now owns 13,155 shares of the company’s stock valued at $255,000 after buying an additional 2,250 shares in the last quarter. Ieq Capital LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the 3rd quarter valued at about $292,000. Merit Financial Group LLC boosted its holdings 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 purchasing an additional 202,632 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in Blackrock Municipal 2030 Target Term Trust by 0.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 285,853 shares of the company’s stock valued at $5,548,000 after purchasing an additional 1,054 shares during the last quarter. Finally, Cohen & Steers Inc. raised its stake in shares of Blackrock Municipal 2030 Target Term Trust by 42.7% in the 2nd quarter. Cohen & Steers Inc. now owns 74,595 shares of the company’s stock valued at $1,550,000 after acquiring an additional 22,332 shares during the period.

Blackrock Municipal 2030 Target Term Trust Price Performance

Blackrock Municipal 2030 Target Term Trust stock opened at $21.22 on Monday. The company’s 50 day simple moving average is $20.92 and its 200-day simple moving average is $20.38. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $18.90 and a 1 year high of $22.50.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 1st. Shareholders of record on Thursday, February 15th will be given a $0.0464 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date is Wednesday, February 14th.

Insider Activity

In related news, Portfolio Manager Christian Romaglino sold 1,519 shares of the stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $21.12, for a total transaction of $32,081.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Blackrock Municipal 2030 Target Term Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

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