Magnus Financial Group LLC Sells 1,588 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Magnus Financial Group LLC lessened its position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 6.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,928 shares of the company’s stock after selling 1,588 shares during the period. Magnus Financial Group LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $472,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Logan Stone Capital LLC raised its stake 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 valued at $13,943,000 after acquiring an additional 296,221 shares during the last quarter. Van ECK Associates Corp raised its position in Blackrock Municipal 2030 Target Term Trust by 8.7% during the 3rd quarter. Van ECK Associates Corp now owns 539,934 shares of the company’s stock valued at $11,447,000 after purchasing an additional 43,381 shares during the last quarter. Pathstone Holdings LLC raised its position in Blackrock Municipal 2030 Target Term Trust by 138.1% during the 3rd quarter. Pathstone Holdings LLC now owns 497,683 shares of the company’s stock valued at $10,760,000 after purchasing an additional 288,682 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in Blackrock Municipal 2030 Target Term Trust by 24.6% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 359,403 shares of the company’s stock worth $7,400,000 after buying an additional 70,952 shares during the period. Finally, Hara Capital LLC grew its position in shares of Blackrock Municipal 2030 Target Term Trust by 294.2% in the 3rd quarter. Hara Capital LLC now owns 272,765 shares of the company’s stock worth $5,897,000 after buying an additional 203,563 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Price Performance

BTT opened at $20.83 on Thursday. The stock’s 50 day moving average price is $20.90 and its 200-day moving average price is $21.16. Blackrock Municipal 2030 Target Term Trust has a 52-week low of $20.22 and a 52-week high of $21.83.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.0464 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.