Landscape Capital Management L.L.C. Has $1.13 Million Stake in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Landscape Capital Management L.L.C. lowered its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 47.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 55,028 shares of the company’s stock after selling 49,295 shares during the period. Landscape Capital Management L.L.C.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $1,133,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in BTT. Spire Wealth Management acquired a new position in Blackrock Municipal 2030 Target Term Trust in the 4th quarter valued at approximately $29,000. Westside Investment Management Inc. bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter valued at approximately $38,000. Stonebridge Financial Group LLC acquired a new position in shares of Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at $45,000. Noble Wealth Management PBC bought a new position in Blackrock Municipal 2030 Target Term Trust in the fourth quarter worth $155,000. Finally, Aviance Capital Partners LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth $214,000.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of Blackrock Municipal 2030 Target Term Trust stock opened at $21.14 on Friday. Blackrock Municipal 2030 Target Term Trust has a 52-week low of $20.22 and a 52-week high of $21.83. The company’s fifty day moving average price is $21.27 and its two-hundred day moving average price is $21.18.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be given a $0.0464 dividend. This represents a $0.56 annualized dividend and a yield of 2.63%. The ex-dividend date of this dividend is Tuesday, April 15th.

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.