Stifel Financial Corp Sells 51,188 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Stifel Financial Corp trimmed its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 11.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 401,175 shares of the company’s stock after selling 51,188 shares during the quarter. Stifel Financial Corp’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $8,673,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BTT. Wolverine Asset Management LLC lifted its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 4.3% in the third quarter. Wolverine Asset Management LLC now owns 43,409 shares of the company’s stock worth $939,000 after buying an additional 1,775 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in Blackrock Municipal 2030 Target Term Trust during the second quarter worth about $42,000. Magnus Financial Group LLC increased its stake in Blackrock Municipal 2030 Target Term Trust by 8.9% in the 3rd quarter. Magnus Financial Group LLC now owns 24,516 shares of the company’s stock worth $530,000 after acquiring an additional 2,004 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 14.2% during the third quarter. Oppenheimer & Co. Inc. now owns 22,677 shares of the company’s stock worth $490,000 after purchasing an additional 2,823 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in Blackrock Municipal 2030 Target Term Trust by 9.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 38,968 shares of the company’s stock worth $842,000 after buying an additional 3,508 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Down 0.7 %

NYSE BTT opened at $21.15 on Friday. The company has a fifty day moving average of $21.29 and a 200-day moving average of $21.14. 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 announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.0464 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Monday, December 16th.

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.