Noble Wealth Management PBC Buys Shares of 61,991 Blackrock 2037 Municipal Target Term Trust (NYSE:BMN)

Noble Wealth Management PBC bought a new stake in Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 61,991 shares of the company’s stock, valued at approximately $1,586,000. Blackrock 2037 Municipal Target Term Trust makes up 1.1% of Noble Wealth Management PBC’s investment portfolio, making the stock its 27th biggest holding.

A number of other large investors have also recently modified their holdings of the business. Westside Investment Management Inc. acquired a new stake in shares of Blackrock 2037 Municipal Target Term Trust in the 4th quarter valued at $34,000. Truist Financial Corp boosted its holdings in shares of Blackrock 2037 Municipal Target Term Trust by 10.1% in the 4th quarter. Truist Financial Corp now owns 21,420 shares of the company’s stock valued at $548,000 after purchasing an additional 1,958 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of Blackrock 2037 Municipal Target Term Trust by 12.3% in the 3rd quarter. Van ECK Associates Corp now owns 35,136 shares of the company’s stock valued at $880,000 after purchasing an additional 3,858 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of Blackrock 2037 Municipal Target Term Trust by 41.7% in the 3rd quarter. HighTower Advisors LLC now owns 14,168 shares of the company’s stock valued at $363,000 after purchasing an additional 4,168 shares in the last quarter.

Blackrock 2037 Municipal Target Term Trust Price Performance

NYSE BMN opened at $25.64 on Friday. Blackrock 2037 Municipal Target Term Trust has a twelve month low of $23.68 and a twelve month high of $26.14. The business’s fifty day moving average is $25.47 and its 200 day moving average is $25.27.

Blackrock 2037 Municipal Target Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.0938 per share. This represents a $1.13 annualized dividend and a dividend yield of 4.39%. The ex-dividend date of this dividend is Friday, February 14th.

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.