Andrew Hill Investment Advisors Inc. Has $563,000 Stock Position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Andrew Hill Investment Advisors Inc. grew its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,324 shares of the company’s stock after acquiring an additional 1,350 shares during the period. Andrew Hill Investment Advisors Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $563,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Bessemer Group Inc. increased its stake in shares of Blackrock Municipal 2030 Target Term Trust by 11.3% in the fourth quarter. Bessemer Group Inc. now owns 8,126 shares of the company’s stock worth $168,000 after purchasing an additional 823 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Blackrock Municipal 2030 Target Term Trust during the fourth quarter valued at approximately $3,079,000. Cerity Partners LLC raised its position in shares of Blackrock Municipal 2030 Target Term Trust by 0.6% during the 4th quarter. Cerity Partners LLC now owns 241,286 shares of the company’s stock worth $4,968,000 after purchasing an additional 1,450 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE raised its stake in Blackrock Municipal 2030 Target Term Trust by 86.3% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 4,763 shares of the company’s stock worth $98,000 after purchasing an additional 2,207 shares during the period. Finally, Envestnet Asset Management Inc. acquired a new stake in Blackrock Municipal 2030 Target Term Trust during the 4th quarter worth approximately $2,072,000.

Blackrock Municipal 2030 Target Term Trust Trading Up 1.0 %

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $20.66 on Thursday. The company’s 50-day simple moving average is $21.23 and its 200-day simple moving average is $21.15. Blackrock Municipal 2030 Target Term Trust has a 52-week low of $20.20 and a 52-week high of $21.83.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be given a $0.0464 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.56 annualized dividend and a dividend yield of 2.70%.

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.