BlackRock Insured Municipal Income Trust (BYM) Shares Sold by Robinson Capital Management LLC

Robinson Capital Management LLC trimmed its stake in BlackRock Insured Municipal Income Trust (NYSE:BYM) by 79.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,700 shares of the company’s stock after selling 213,058 shares during the period. Robinson Capital Management LLC’s holdings in BlackRock Insured Municipal Income Trust were worth $683,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BYM. US Bancorp DE increased its position in BlackRock Insured Municipal Income Trust by 113.1% during the 2nd quarter. US Bancorp DE now owns 8,327 shares of the company’s stock valued at $108,000 after buying an additional 4,420 shares in the last quarter. Hilltop Holdings Inc. acquired a new position in BlackRock Insured Municipal Income Trust during the 3rd quarter valued at about $185,000. Private Advisor Group LLC acquired a new position in BlackRock Insured Municipal Income Trust during the 2nd quarter valued at about $229,000. LPL Financial LLC increased its position in BlackRock Insured Municipal Income Trust by 33.5% during the 3rd quarter. LPL Financial LLC now owns 22,098 shares of the company’s stock valued at $282,000 after buying an additional 5,550 shares in the last quarter. Finally, We Are One Seven LLC acquired a new position in BlackRock Insured Municipal Income Trust during the 3rd quarter valued at about $559,000.

Shares of NYSE:BYM opened at $13.08 on Friday. BlackRock Insured Municipal Income Trust has a 1 year low of $12.16 and a 1 year high of $14.17.



The company also recently declared a monthly dividend, which will be paid on Friday, February 1st. Shareholders of record on Tuesday, January 15th will be paid a dividend of $0.052 per share. The ex-dividend date of this dividend is Monday, January 14th. This represents a $0.62 annualized dividend and a yield of 4.77%.

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BlackRock Insured Municipal Income Trust Profile

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.

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Institutional Ownership by Quarter for BlackRock Insured Municipal Income Trust (NYSE:BYM)

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