Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) Stock Holdings Lifted by Van ECK Associates Corp

Van ECK Associates Corp lifted its holdings in Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) by 12.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 35,136 shares of the company’s stock after buying an additional 3,858 shares during the quarter. Van ECK Associates Corp’s holdings in Blackrock 2037 Municipal Target Term Trust were worth $880,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Truist Financial Corp acquired a new stake in shares of Blackrock 2037 Municipal Target Term Trust in the 2nd quarter worth about $210,000. Dorsey & Whitney Trust CO LLC acquired a new stake in shares of Blackrock 2037 Municipal Target Term Trust in the 2nd quarter worth about $222,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Blackrock 2037 Municipal Target Term Trust by 52.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 16,701 shares of the company’s stock worth $413,000 after acquiring an additional 5,730 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of Blackrock 2037 Municipal Target Term Trust in the 2nd quarter worth about $493,000.

Blackrock 2037 Municipal Target Term Trust Price Performance

BMN stock opened at $25.11 on Tuesday. Blackrock 2037 Municipal Target Term Trust has a fifty-two week low of $23.35 and a fifty-two week high of $26.14. The firm’s 50-day simple moving average is $25.11 and its 200 day simple moving average is $24.79.

Blackrock 2037 Municipal Target Term Trust Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a dividend of $0.094 per share. This is a boost from Blackrock 2037 Municipal Target Term Trust’s previous monthly dividend of $0.09. The ex-dividend date is Friday, November 15th. This represents a $1.13 annualized dividend and a yield of 4.49%.

About Blackrock 2037 Municipal Target Term Trust

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.