Dakota Wealth Management Buys 41,300 Shares of Blackrock Municipal 2030 Target Term Trust $BTT

Dakota Wealth Management raised its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 46.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 130,200 shares of the company’s stock after purchasing an additional 41,300 shares during the period. Dakota Wealth Management’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,924,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Gridiron Partners LLC lifted its position in shares of Blackrock Municipal 2030 Target Term Trust by 2,363.9% during the 3rd quarter. Gridiron Partners LLC now owns 1,868,965 shares of the company’s stock valued at $42,000 after buying an additional 1,793,110 shares in the last quarter. Global Wealth Strategies & Associates purchased a new stake in Blackrock Municipal 2030 Target Term Trust in the 3rd quarter worth approximately $44,000. Chapman Financial Group LLC bought a new stake in Blackrock Municipal 2030 Target Term Trust during the 2nd quarter worth approximately $44,000. Geneos Wealth Management Inc. purchased a new position in Blackrock Municipal 2030 Target Term Trust during the third quarter valued at approximately $54,000. Finally, Garden State Investment Advisory Services LLC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust in the second quarter worth approximately $201,000.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of NYSE BTT opened at $22.83 on Wednesday. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $20.20 and a 1 year high of $23.08. The firm has a fifty day moving average price of $22.71 and a 200-day moving average price of $22.56.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.0464 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) dividend on an annualized basis and a yield of 2.4%.

About Blackrock Municipal 2030 Target Term Trust

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.