Sentinel Trust Co. LBA Boosts Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Sentinel Trust Co. LBA boosted its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 9.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 558,146 shares of the company’s stock after acquiring an additional 49,225 shares during the period. Blackrock Municipal 2030 Target Term Trust comprises 1.3% of Sentinel Trust Co. LBA’s portfolio, making the stock its 14th largest holding. Sentinel Trust Co. LBA’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $11,492,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Allspring Global Investments Holdings LLC lifted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 22.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,335,788 shares of the company’s stock worth $27,504,000 after acquiring an additional 243,776 shares during the period. Van ECK Associates Corp raised its position in Blackrock Municipal 2030 Target Term Trust by 3.9% in the fourth quarter. Van ECK Associates Corp now owns 561,113 shares of the company’s stock valued at $11,553,000 after purchasing an additional 21,179 shares during the period. Pathstone Holdings LLC lifted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 138.1% during the third quarter. Pathstone Holdings LLC now owns 497,683 shares of the company’s stock worth $10,760,000 after purchasing an additional 288,682 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in shares of Blackrock Municipal 2030 Target Term Trust by 24.6% in the fourth 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 stake in shares of 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 buying an additional 203,563 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Price Performance

Blackrock Municipal 2030 Target Term Trust stock opened at $21.39 on Friday. Blackrock Municipal 2030 Target Term Trust has a one year low of $20.22 and a one year high of $21.83. The stock’s 50 day moving average price is $20.92 and its 200 day moving average price is $21.20.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.0464 per share. The ex-dividend date is Friday, February 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.60%.

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.