Tortoise Investment Management LLC Has $16.45 Million Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Tortoise Investment Management LLC boosted its position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 29.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 798,802 shares of the company’s stock after buying an additional 180,475 shares during the quarter. Blackrock Municipal 2030 Target Term Trust accounts for approximately 1.7% of Tortoise Investment Management LLC’s investment portfolio, making the stock its 9th largest position. Tortoise Investment Management LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $16,447,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of BTT. Spire Wealth Management acquired a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter valued at $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. Stonebridge Financial Group LLC purchased a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter worth about $45,000. Noble Wealth Management PBC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter valued at approximately $155,000. Finally, Aviance Capital Partners LLC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter valued at approximately $214,000.

Blackrock Municipal 2030 Target Term Trust Stock Down 0.0 %

Shares of NYSE BTT opened at $21.41 on Monday. The business’s 50 day moving average is $21.06 and its two-hundred day moving average is $21.20. 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 will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be paid a $0.0464 dividend. This represents a $0.56 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend is Friday, March 14th.

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.