Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. decreased its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 7.1% during the third quarter, HoldingsChannel reports. The firm owned 12,524 shares of the company’s stock after selling 957 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $320,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Koshinski Asset Management Inc. acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the third quarter worth $26,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Blackrock Municipal 2030 Target Term Trust by 125.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,779 shares of the company’s stock worth $178,000 after acquiring an additional 3,772 shares during the period. Franklin Resources Inc. acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the second quarter worth $211,000. Keybank National Association OH acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust in the second quarter worth $252,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of Blackrock Municipal 2030 Target Term Trust by 40.7% in the second quarter. Envestnet Asset Management Inc. now owns 11,163 shares of the company’s stock worth $293,000 after acquiring an additional 3,231 shares during the period.

NYSE:BTT opened at $25.42 on Friday. Blackrock Municipal 2030 Target Term Trust has a 1-year low of $24.82 and a 1-year high of $27.08. The company’s fifty day moving average price is $25.62 and its 200-day moving average price is $25.93.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, February 1st. Stockholders of record on Friday, January 14th will be paid a $0.062 dividend. The ex-dividend date of this dividend is Thursday, January 13th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 2.93%.

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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