Amplius Wealth Advisors LLC Trims Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Amplius Wealth Advisors LLC reduced its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 0.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,917 shares of the company’s stock after selling 1,030 shares during the period. Amplius Wealth Advisors LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,679,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Tortoise Investment Management LLC increased its stake in shares of Blackrock Municipal 2030 Target Term Trust by 1,131.7% during the second quarter. Tortoise Investment Management LLC now owns 398,173 shares of the company’s stock valued at $8,270,000 after purchasing an additional 365,845 shares in the last quarter. Logan Stone Capital LLC increased its position in Blackrock Municipal 2030 Target Term Trust by 79.0% during the 2nd quarter. Logan Stone Capital LLC now owns 671,281 shares of the company’s stock valued at $13,943,000 after buying an additional 296,221 shares in the last quarter. City of London Investment Management Co. Ltd. raised its stake in Blackrock Municipal 2030 Target Term Trust by 130.0% during the first quarter. City of London Investment Management Co. Ltd. now owns 428,327 shares of the company’s stock valued at $9,021,000 after buying an additional 242,073 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Blackrock Municipal 2030 Target Term Trust by 9.5% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,214,689 shares of the company’s stock worth $25,229,000 after acquiring an additional 105,661 shares in the last quarter. Finally, Almitas Capital LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the second quarter worth $1,607,000.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of NYSE:BTT opened at $21.47 on Thursday. The business has a fifty day moving average price of $21.47 and a 200-day moving average price of $20.97. Blackrock Municipal 2030 Target Term Trust has a 1-year low of $18.90 and a 1-year high of $21.83.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be paid a dividend of $0.0464 per share. The ex-dividend date is Tuesday, October 15th. This represents a $0.56 dividend on an annualized basis and a yield of 2.59%.

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.