Westside Investment Management Inc. Purchases New Position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Westside Investment Management Inc. bought a new stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,834 shares of the company’s stock, valued at approximately $38,000.

Several other hedge funds also recently bought and sold shares of the company. Logan Stone Capital LLC grew its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 79.0% in the 2nd quarter. Logan Stone Capital LLC now owns 671,281 shares of the company’s stock valued at $13,943,000 after buying an additional 296,221 shares during the period. Pathstone Holdings LLC grew its stake in Blackrock Municipal 2030 Target Term Trust by 138.1% in the third quarter. Pathstone Holdings LLC now owns 497,683 shares of the company’s stock valued at $10,760,000 after acquiring an additional 288,682 shares during the period. Hara Capital LLC increased its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 294.2% in the third quarter. Hara Capital LLC now owns 272,765 shares of the company’s stock worth $5,897,000 after acquiring an additional 203,563 shares in the last quarter. Kovitz Investment Group Partners LLC bought a new position in shares of Blackrock Municipal 2030 Target Term Trust during the 3rd quarter valued at about $1,898,000. Finally, Park Avenue Securities LLC acquired a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter valued at approximately $1,634,000.

Blackrock Municipal 2030 Target Term Trust Price Performance

NYSE BTT opened at $20.83 on Thursday. Blackrock Municipal 2030 Target Term Trust has a 52-week low of $20.22 and a 52-week high of $21.83. The business has a 50 day simple moving average of $20.90 and a 200 day simple moving average of $21.16.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a dividend of $0.0464 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.67%.

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.