Sentinel Trust Co. LBA Sells 43,026 Shares of Blackrock Municipal 2030 Target Term Trust $BTT

Sentinel Trust Co. LBA lowered its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 7.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 538,670 shares of the company’s stock after selling 43,026 shares during the quarter. Blackrock Municipal 2030 Target Term Trust accounts for 1.2% of Sentinel Trust Co. LBA’s portfolio, making the stock its 15th biggest holding. Sentinel Trust Co. LBA’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $12,099,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Global Wealth Strategies & Associates bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the third quarter worth $44,000. Chapman Financial Group LLC purchased a new position in Blackrock Municipal 2030 Target Term Trust in the 2nd quarter worth about $44,000. Geneos Wealth Management Inc. bought a new stake in Blackrock Municipal 2030 Target Term Trust during the 3rd quarter valued at about $54,000. Garden State Investment Advisory Services LLC bought a new stake in Blackrock Municipal 2030 Target Term Trust during the 2nd quarter valued at about $201,000. Finally, Western Wealth Management LLC purchased a new stake in Blackrock Municipal 2030 Target Term Trust in the 2nd quarter valued at about $203,000.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of BTT stock opened at $22.76 on Friday. The company’s 50-day simple moving average is $22.58 and its two-hundred day simple moving average is $22.46. Blackrock Municipal 2030 Target Term Trust has a one year low of $20.20 and a one year high of $22.92.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be paid a $0.0464 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) annualized dividend and a yield of 2.4%.

Blackrock Municipal 2030 Target Term Trust Profile

BlackRock Municipal 2030 Target Term Trust (NYSE: BTT) is a non-diversified, closed-end management investment company managed by BlackRock Fund Advisors. Launched in 2018, the trust seeks to provide shareholders with a high level of current income exempt from federal income tax, while also aiming for total return. Shares of BTT trade on the New York Stock Exchange, offering investors a means to access a portfolio of municipal securities through a publicly traded vehicle.

The trust’s primary investment activities focus on U.S.