Allspring Global Investments Holdings LLC Raises Position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Allspring Global Investments Holdings LLC lifted its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 22.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,335,788 shares of the company’s stock after buying an additional 243,776 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $27,504,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter valued at approximately $29,000. Westside Investment Management Inc. purchased a new stake in Blackrock Municipal 2030 Target Term Trust during the 4th quarter worth $38,000. Stonebridge Financial Group LLC acquired a new position in Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth $45,000. Virtu Financial LLC purchased a new position in Blackrock Municipal 2030 Target Term Trust in the 3rd quarter valued at about $290,000. Finally, Integrated Capital Management Inc. acquired a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter valued at about $314,000.

Blackrock Municipal 2030 Target Term Trust Stock Up 0.3 %

Shares of NYSE BTT opened at $21.32 on Friday. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $20.22 and a 1 year high of $21.83. The stock’s 50-day simple moving average is $20.87 and its 200-day simple moving average is $21.19.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a dividend of $0.0464 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Friday, February 14th.

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.