WealthBridge Capital Management LLC Trims Stock Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

WealthBridge Capital Management LLC cut its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 4.1% during the fourth quarter, Holdings Channel reports. The firm owned 233,521 shares of the company’s stock after selling 9,995 shares during the quarter. Blackrock Municipal 2030 Target Term Trust comprises about 1.3% of WealthBridge Capital Management LLC’s holdings, making the stock its 17th largest position. WealthBridge Capital Management LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $4,808,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of BTT. Hennion & Walsh Asset Management Inc. increased its stake in Blackrock Municipal 2030 Target Term Trust by 20.9% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 288,451 shares of the company’s stock worth $6,236,000 after purchasing an additional 49,793 shares during the period. Ackerman Capital Advisors LLC increased its stake in Blackrock Municipal 2030 Target Term Trust by 123.8% during the third quarter. Ackerman Capital Advisors LLC now owns 23,679 shares of the company’s stock worth $512,000 after purchasing an additional 13,099 shares during the period. Van ECK Associates Corp increased its stake in Blackrock Municipal 2030 Target Term Trust by 8.7% during the third quarter. Van ECK Associates Corp now owns 539,934 shares of the company’s stock worth $11,447,000 after purchasing an additional 43,381 shares during the period. Hara Capital LLC increased its stake in Blackrock Municipal 2030 Target Term Trust by 294.2% during the third quarter. Hara Capital LLC now owns 272,765 shares of the company’s stock worth $5,897,000 after purchasing an additional 203,563 shares during the period. Finally, Wolverine Asset Management LLC increased its stake in Blackrock Municipal 2030 Target Term Trust by 4.3% during the third quarter. Wolverine Asset Management LLC now owns 43,409 shares of the company’s stock worth $939,000 after purchasing an additional 1,775 shares during the period.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.3 %

Shares of NYSE:BTT opened at $21.34 on Thursday. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $20.22 and a 1 year high of $21.83. The firm’s 50-day moving average is $20.87 and its two-hundred day moving average is $21.19.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

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 dividend of $0.0464 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.61%. 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.