Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Shares Sold by LexAurum Advisors LLC

LexAurum Advisors LLC cut its stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 3.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 57,892 shares of the company’s stock after selling 2,035 shares during the quarter. LexAurum Advisors LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $1,252,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Magnus Financial Group LLC increased its holdings in Blackrock Municipal 2030 Target Term Trust by 8.9% in the third quarter. Magnus Financial Group LLC now owns 24,516 shares of the company’s stock valued at $530,000 after buying an additional 2,004 shares in the last quarter. Maltin Wealth Management Inc. increased its holdings in Blackrock Municipal 2030 Target Term Trust by 77.8% in the third quarter. Maltin Wealth Management Inc. now owns 66,196 shares of the company’s stock valued at $1,431,000 after buying an additional 28,969 shares in the last quarter. Anchor Investment Management LLC increased its holdings in Blackrock Municipal 2030 Target Term Trust by 9.8% in the second quarter. Anchor Investment Management LLC now owns 67,863 shares of the company’s stock valued at $1,410,000 after buying an additional 6,033 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Blackrock Municipal 2030 Target Term Trust in the second quarter valued at about $1,026,000. Finally, Almitas Capital LLC purchased a new position in Blackrock Municipal 2030 Target Term Trust in the second quarter valued at about $1,607,000.

Blackrock Municipal 2030 Target Term Trust Stock Down 0.1 %

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $21.45 on Friday. The company has a 50-day moving average of $21.47 and a two-hundred day moving average of $20.97. Blackrock Municipal 2030 Target Term Trust has a 12-month low of $18.90 and a 12-month high of $21.83.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.0464 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.60%.

About Blackrock Municipal 2030 Target Term Trust

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.