Merit Financial Group LLC Sells 3,749 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Merit Financial Group LLC reduced its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 477,034 shares of the company’s stock after selling 3,749 shares during the period. Merit Financial Group LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $9,822,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Virtu Financial LLC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 3rd quarter valued at about $290,000. Integrated Capital Management Inc. acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at about $314,000. Avior Wealth Management LLC raised its holdings in Blackrock Municipal 2030 Target Term Trust by 37.9% during the third quarter. Avior Wealth Management LLC now owns 17,614 shares of the company’s stock worth $381,000 after acquiring an additional 4,844 shares in the last quarter. Garden State Investment Advisory Services LLC bought a new position in Blackrock Municipal 2030 Target Term Trust in the third quarter valued at approximately $483,000. Finally, Oppenheimer & Co. Inc. increased its position in shares of Blackrock Municipal 2030 Target Term Trust by 14.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 22,677 shares of the company’s stock worth $490,000 after purchasing an additional 2,823 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.2 %

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $20.80 on Friday. Blackrock Municipal 2030 Target Term Trust has a 12-month low of $20.22 and a 12-month high of $21.83. The business’s 50 day moving average is $20.93 and its 200-day moving average is $21.16.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a dividend of $0.0464 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.56 dividend on an annualized basis and a yield of 2.68%.

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.