Wolverine Asset Management LLC Buys 14,040 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Wolverine Asset Management LLC boosted its stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 32.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,449 shares of the company’s stock after acquiring an additional 14,040 shares during the period. Wolverine Asset Management LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $1,183,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Spire Wealth Management bought a new stake in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at approximately $29,000. Westside Investment Management Inc. bought a new stake in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at approximately $38,000. Sanctuary Advisors LLC boosted its holdings in Blackrock Municipal 2030 Target Term Trust by 2.9% in the fourth quarter. Sanctuary Advisors LLC now owns 73,343 shares of the company’s stock valued at $1,542,000 after acquiring an additional 2,041 shares during the last quarter. Stonebridge Financial Group LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at approximately $45,000. Finally, Oppenheimer & Co. Inc. lifted its stake in Blackrock Municipal 2030 Target Term Trust by 14.2% in the third quarter. Oppenheimer & Co. Inc. now owns 22,677 shares of the company’s stock valued at $490,000 after buying an additional 2,823 shares during the period.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of BTT opened at $21.45 on Friday. Blackrock Municipal 2030 Target Term Trust has a 52-week low of $20.22 and a 52-week high of $21.83. The business’s 50 day moving average price is $20.88 and its two-hundred day moving average price is $21.20.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.0464 dividend. This represents a $0.56 annualized dividend and a yield of 2.60%. The ex-dividend date is Friday, February 14th.

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.