Petra Financial Advisors Inc. Makes New Investment in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Petra Financial Advisors Inc. bought a new position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) during the 4th quarter, HoldingsChannel reports. The firm bought 15,195 shares of the company’s stock, valued at approximately $313,000.

Other institutional investors have also recently made changes to their positions in the company. Spire Wealth Management purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth $29,000. Westside Investment Management Inc. purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth $38,000. Stonebridge Financial Group LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth $45,000. Noble Wealth Management PBC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth $155,000. Finally, Aviance Capital Partners LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth $214,000.

Blackrock Municipal 2030 Target Term Trust Stock Performance

NYSE:BTT opened at $21.21 on Tuesday. The stock’s fifty day moving average price is $21.14 and its two-hundred day moving average price is $21.20. 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 Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a $0.0464 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.63%.

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.