Matisse Capital Boosts Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Matisse Capital raised its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 102.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 100,739 shares of the company’s stock after purchasing an additional 51,042 shares during the period. Blackrock Municipal 2030 Target Term Trust comprises 1.1% of Matisse Capital’s holdings, making the stock its 28th largest position. Matisse Capital’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,074,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management purchased a new position in Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth about $29,000. Westside Investment Management Inc. purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter worth about $38,000. Virtu Financial LLC purchased a new position in Blackrock Municipal 2030 Target Term Trust in the third quarter valued at approximately $290,000. Integrated Capital Management Inc. purchased a new stake in Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth approximately $314,000. Finally, Avior Wealth Management LLC increased its position in shares of Blackrock Municipal 2030 Target Term Trust by 37.9% in the third quarter. Avior Wealth Management LLC now owns 17,614 shares of the company’s stock worth $381,000 after acquiring an additional 4,844 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Stock Up 0.1 %

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $21.07 on Tuesday. The business has a fifty day simple moving average of $20.88 and a 200-day simple moving average of $21.17. Blackrock Municipal 2030 Target Term Trust has a 12 month low of $20.22 and a 12 month high of $21.83.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 3rd. Investors of record on Wednesday, January 15th were paid a $0.0464 dividend. This represents a $0.56 annualized dividend and a yield of 2.64%. The ex-dividend date was Wednesday, January 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.