Mackay Shields LLC Has $43.72 Million Stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Mackay Shields LLC decreased its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,666,886 shares of the company’s stock after selling 41,008 shares during the quarter. Mackay Shields LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $43,722,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of BTT. Rivernorth Capital Management LLC acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 1st quarter worth approximately $3,471,000. Rockefeller Capital Management L.P. grew its holdings in Blackrock Municipal 2030 Target Term Trust by 14.5% during the second quarter. Rockefeller Capital Management L.P. now owns 522,356 shares of the company’s stock valued at $13,701,000 after purchasing an additional 65,992 shares during the period. Van ECK Associates Corp grew its holdings in Blackrock Municipal 2030 Target Term Trust by 19.7% during the second quarter. Van ECK Associates Corp now owns 367,211 shares of the company’s stock valued at $9,632,000 after purchasing an additional 60,321 shares during the period. 6 Meridian acquired a new position in Blackrock Municipal 2030 Target Term Trust during the second quarter valued at approximately $1,570,000. Finally, Gill Capital Partners LLC grew its holdings in Blackrock Municipal 2030 Target Term Trust by 14.6% during the second quarter. Gill Capital Partners LLC now owns 162,241 shares of the company’s stock valued at $4,256,000 after purchasing an additional 20,706 shares during the period.

NYSE BTT traded down $0.02 during trading on Thursday, reaching $25.82. 570 shares of the stock traded hands, compared to its average volume of 67,025. The stock’s 50-day moving average price is $26.08 and its 200 day moving average price is $25.99. Blackrock Municipal 2030 Target Term Trust has a fifty-two week low of $24.73 and a fifty-two week high of $26.50.

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 1st. Investors of record on Friday, October 15th will be issued a dividend of $0.062 per share. This represents a $0.74 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date of this dividend is Thursday, October 14th.

Blackrock Municipal 2030 Target Term Trust Profile

BlackRock Municipal 2030 Target Term Trust is a closed-end investment fund. It aims to provide current income exempt from regular federal income tax. The company was founded on August 30, 2011 and is headquartered in Wilmington, DE.

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Institutional Ownership by Quarter for Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

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