Merit Financial Group LLC Sells 3,749 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Merit Financial Group LLC cut its position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 477,034 shares of the company’s stock after selling 3,749 shares during the period. Merit Financial Group LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $9,822,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Virtu Financial LLC acquired a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 3rd quarter valued at approximately $290,000. Integrated Capital Management Inc. bought a new position in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at approximately $314,000. Avior Wealth Management LLC boosted its holdings in shares of 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 buying an additional 4,844 shares during the period. Garden State Investment Advisory Services LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the third quarter worth $483,000. Finally, Oppenheimer & Co. Inc. lifted its position in Blackrock Municipal 2030 Target Term Trust by 14.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 22,677 shares of the company’s stock valued at $490,000 after acquiring an additional 2,823 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Up 0.2 %

Shares of NYSE BTT opened at $20.80 on Friday. The company has a fifty day moving average price of $20.93 and a 200 day moving average price of $21.16. Blackrock Municipal 2030 Target Term Trust has a 1-year low of $20.22 and a 1-year high of $21.83.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a dividend of $0.0464 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.68%.

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.