Garden State Investment Advisory Services LLC Makes New $483,000 Investment in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Garden State Investment Advisory Services LLC bought a new stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) in the third quarter, HoldingsChannel reports. The fund bought 22,323 shares of the company’s stock, valued at approximately $483,000.

A number of other large investors have also modified their holdings of BTT. Tortoise Investment Management LLC grew its stake in Blackrock Municipal 2030 Target Term Trust by 1,131.7% during the 2nd quarter. Tortoise Investment Management LLC now owns 398,173 shares of the company’s stock valued at $8,270,000 after purchasing an additional 365,845 shares in the last quarter. Logan Stone Capital LLC grew its position in shares of Blackrock Municipal 2030 Target Term Trust by 79.0% during the second quarter. Logan Stone Capital LLC now owns 671,281 shares of the company’s stock worth $13,943,000 after buying an additional 296,221 shares in the last quarter. Pathstone Holdings LLC increased its stake in shares of Blackrock Municipal 2030 Target Term Trust by 138.1% in the third quarter. Pathstone Holdings LLC now owns 497,683 shares of the company’s stock worth $10,760,000 after buying an additional 288,682 shares during the last quarter. Hara Capital LLC raised its holdings in Blackrock Municipal 2030 Target Term Trust by 294.2% in the third quarter. Hara Capital LLC now owns 272,765 shares of the company’s stock valued at $5,897,000 after acquiring an additional 203,563 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Blackrock Municipal 2030 Target Term Trust by 9.5% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,214,689 shares of the company’s stock valued at $25,229,000 after acquiring an additional 105,661 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of BTT stock traded down $0.04 during trading hours on Friday, hitting $21.10. 29,918 shares of the company were exchanged, compared to its average volume of 139,444. Blackrock Municipal 2030 Target Term Trust has a one year low of $20.22 and a one year high of $21.83. The business’s 50-day simple moving average is $21.29 and its two-hundred day simple moving average is $21.14.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a dividend of $0.0464 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date is Monday, December 16th.

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.