Waterfront Wealth Inc. Has $2.47 Million Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Waterfront Wealth Inc. cut its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 3.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 118,892 shares of the company’s stock after selling 4,287 shares during the period. Waterfront Wealth Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,473,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of BTT. Nations Financial Group Inc. IA ADV acquired a new stake in Blackrock Municipal 2030 Target Term Trust during the first quarter worth about $213,000. Cetera Advisor Networks LLC grew its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 19.2% during the 1st quarter. Cetera Advisor Networks LLC now owns 9,282 shares of the company’s stock valued at $219,000 after purchasing an additional 1,492 shares during the last quarter. Equitable Holdings Inc. bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter valued at approximately $233,000. Tyche Wealth Partners LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter valued at approximately $238,000. Finally, Melfa Wealth Management LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter valued at approximately $240,000.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.5 %

Shares of Blackrock Municipal 2030 Target Term Trust stock traded up $0.09 during midday trading on Wednesday, hitting $20.49. 107,376 shares of the company traded hands, compared to its average volume of 141,153. The firm’s fifty day moving average price is $20.94 and its 200-day moving average price is $20.59. Blackrock Municipal 2030 Target Term Trust has a 12 month low of $18.90 and a 12 month high of $21.70.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a dividend of $0.046 per share. This represents a $0.55 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Friday, April 12th.

Insider Activity at Blackrock Municipal 2030 Target Term Trust

In related news, Portfolio Manager Christian Romaglino sold 1,519 shares of Blackrock Municipal 2030 Target Term Trust stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $21.12, for a total transaction of $32,081.28. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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.