Waterfront Wealth Inc. Has $2.41 Million Stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Waterfront Wealth Inc. increased its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 117,125 shares of the company’s stock after acquiring an additional 4,652 shares during the period. Waterfront Wealth Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,412,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Park Avenue Securities LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at $1,634,000. Pathstone Holdings LLC lifted its stake in Blackrock Municipal 2030 Target Term Trust by 138.1% in the third 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 lifted its stake in Blackrock Municipal 2030 Target Term Trust by 37.9% in the third 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. Ackerman Capital Advisors LLC lifted its stake in Blackrock Municipal 2030 Target Term Trust by 123.8% in the third quarter. Ackerman Capital Advisors LLC now owns 23,679 shares of the company’s stock valued at $512,000 after acquiring an additional 13,099 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its stake in Blackrock Municipal 2030 Target Term Trust by 24.6% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 359,403 shares of the company’s stock valued at $7,400,000 after acquiring an additional 70,952 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.5 %

Shares of BTT stock opened at $21.43 on Friday. The company has a fifty day moving average price of $20.87 and a two-hundred day moving average price of $21.19. Blackrock Municipal 2030 Target Term Trust has a one year low of $20.22 and a one year high of $21.83.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

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

Blackrock Municipal 2030 Target Term Trust Company 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.