Summit Financial Wealth Advisors LLC Sells 1,000 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Summit Financial Wealth Advisors LLC cut its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 5.9% during the third quarter, Holdings Channel.com reports. The fund owned 16,075 shares of the company’s stock after selling 1,000 shares during the period. Summit Financial Wealth Advisors LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $348,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust in the second quarter worth $42,000. Rothschild Investment LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the second quarter worth $83,000. Perkins Coie Trust Co acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the second quarter worth $155,000. Ackerman Capital Advisors LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the 2nd quarter worth $220,000. Finally, Shaker Financial Services LLC bought a new position in Blackrock Municipal 2030 Target Term Trust during the 2nd quarter worth about $375,000.

Blackrock Municipal 2030 Target Term Trust Stock Performance

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $21.19 on Tuesday. Blackrock Municipal 2030 Target Term Trust has a one year low of $20.22 and a one year high of $21.83. The stock’s 50-day moving average is $21.37 and its 200-day moving average is $21.09.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a dividend of $0.0464 per share. This represents a $0.56 annualized dividend and a yield of 2.63%. The ex-dividend date of this dividend is Friday, November 15th.

About Blackrock Municipal 2030 Target Term Trust

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.