Eldridge Investment Advisors Inc. Grows Stock Position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Eldridge Investment Advisors Inc. grew its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 102,668 shares of the company’s stock after purchasing an additional 2,274 shares during the quarter. Eldridge Investment Advisors Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,114,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Oppenheimer & Co. Inc. grew its stake in shares of Blackrock Municipal 2030 Target Term Trust by 14.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 22,677 shares of the company’s stock valued at $490,000 after acquiring an additional 2,823 shares during the period. Pathstone Holdings LLC boosted its position in shares of Blackrock Municipal 2030 Target Term Trust by 138.1% during the 3rd quarter. Pathstone Holdings LLC now owns 497,683 shares of the company’s stock valued at $10,760,000 after acquiring an additional 288,682 shares during the last quarter. Avior Wealth Management LLC boosted its position in shares of Blackrock Municipal 2030 Target Term Trust by 37.9% during the 3rd quarter. Avior Wealth Management LLC now owns 17,614 shares of the company’s stock valued at $381,000 after acquiring an additional 4,844 shares during the last quarter. Garden State Investment Advisory Services LLC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust during the 3rd quarter valued at approximately $483,000. Finally, HighTower Advisors LLC raised its holdings in Blackrock Municipal 2030 Target Term Trust by 27.3% during the 3rd quarter. HighTower Advisors LLC now owns 40,793 shares of the company’s stock valued at $878,000 after buying an additional 8,741 shares during the period.

Blackrock Municipal 2030 Target Term Trust Trading Down 0.4 %

BTT stock opened at $21.27 on Friday. The business’s fifty day simple moving average is $21.13 and its two-hundred day simple moving average is $21.20. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $20.22 and a twelve month high of $21.83.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a dividend of $0.0464 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date of this dividend is Friday, March 14th.

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.