Hennion & Walsh Asset Management Inc. Has $4.87 Million Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Hennion & Walsh Asset Management Inc. trimmed its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 18.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 231,219 shares of the company’s stock after selling 51,366 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $4,869,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Beverly Hills Private Wealth LLC acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter valued at about $745,000. Relative Value Partners Group LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust in the 4th quarter valued at approximately $1,420,000. Allspring Global Investments Holdings LLC lifted its stake in Blackrock Municipal 2030 Target Term Trust by 4.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,109,028 shares of the company’s stock valued at $23,068,000 after acquiring an additional 49,694 shares in the last quarter. JGP Wealth Management LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the fourth quarter worth $271,000. Finally, Covenant Asset Management LLC lifted its position in Blackrock Municipal 2030 Target Term Trust by 16.9% during the 4th quarter. Covenant Asset Management LLC now owns 22,750 shares of the company’s stock worth $473,000 after buying an additional 3,290 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Performance

NYSE BTT traded up $0.08 during trading hours on Friday, hitting $20.77. 150,282 shares of the company traded hands, compared to its average volume of 136,879. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $18.90 and a twelve month high of $21.64. The business’s 50-day moving average is $20.59 and its 200-day moving average is $20.82.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be issued a dividend of $0.046 per share. The ex-dividend date is Friday, June 14th. This represents a $0.55 dividend on an annualized basis and a yield of 2.66%.

Blackrock Municipal 2030 Target Term Trust Company 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.