Transcend Wealth Collective LLC Buys 8,934 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Transcend Wealth Collective LLC increased its stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 34.8% in the first quarter, Holdings Channel reports. The institutional investor owned 34,591 shares of the company’s stock after acquiring an additional 8,934 shares during the period. Transcend Wealth Collective LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $879,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of BTT. First Trust Advisors LP lifted its position in Blackrock Municipal 2030 Target Term Trust by 9.4% in the first quarter. First Trust Advisors LP now owns 64,273 shares of the company’s stock worth $1,429,000 after buying an additional 5,496 shares during the last quarter. Baker Tilly Financial LLC bought a new stake in Blackrock Municipal 2030 Target Term Trust in the fourth quarter worth $209,000. Koshinski Asset Management Inc. bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth $337,000. Smith Shellnut Wilson LLC ADV lifted its position in shares of Blackrock Municipal 2030 Target Term Trust by 3,900.0% during the fourth quarter. Smith Shellnut Wilson LLC ADV now owns 5,000 shares of the company’s stock worth $128,000 after purchasing an additional 4,875 shares during the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Blackrock Municipal 2030 Target Term Trust by 8.0% during the fourth quarter. HighTower Advisors LLC now owns 25,165 shares of the company’s stock worth $646,000 after purchasing an additional 1,873 shares during the last quarter.

NYSE:BTT opened at $25.90 on Friday. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $23.62 and a twelve month high of $26.10. The stock’s fifty day simple moving average is $25.81.

The firm also recently announced a monthly dividend, which will be paid on Thursday, July 1st. Stockholders of record on Tuesday, June 15th will be given a dividend of $0.062 per share. The ex-dividend date of this dividend is Monday, June 14th. This represents a $0.74 annualized dividend and a dividend yield of 2.87%.

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.

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Institutional Ownership by Quarter for Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

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