Maltin Wealth Management Inc. Boosts Stock Holdings in Blackrock Municipal 2030 Target Term Trust $BTT

Maltin Wealth Management Inc. boosted its position in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 14.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 129,683 shares of the company’s stock after purchasing an additional 16,273 shares during the period. Maltin Wealth Management Inc.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $2,839,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Almitas Capital LLC boosted its position in Blackrock Municipal 2030 Target Term Trust by 3.9% during the first quarter. Almitas Capital LLC now owns 1,558,862 shares of the company’s stock valued at $33,095,000 after buying an additional 57,801 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 3.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,406,687 shares of the company’s stock valued at $30,792,000 after acquiring an additional 47,505 shares in the last quarter. Tortoise Investment Management LLC increased its holdings in shares of Blackrock Municipal 2030 Target Term Trust by 36.0% in the 1st quarter. Tortoise Investment Management LLC now owns 1,086,346 shares of the company’s stock worth $23,063,000 after purchasing an additional 287,544 shares in the last quarter. Sentinel Trust Co. LBA boosted its holdings in Blackrock Municipal 2030 Target Term Trust by 4.2% in the first quarter. Sentinel Trust Co. LBA now owns 581,696 shares of the company’s stock worth $12,349,000 after purchasing an additional 23,550 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Blackrock Municipal 2030 Target Term Trust by 8.8% during the 1st quarter. LPL Financial LLC now owns 460,267 shares of the company’s stock valued at $9,771,000 after purchasing an additional 37,108 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.0%

Shares of NYSE:BTT opened at $22.55 on Friday. Blackrock Municipal 2030 Target Term Trust has a 12-month low of $20.20 and a 12-month high of $22.87. The stock has a 50 day moving average of $22.53 and a 200 day moving average of $22.00.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be given a dividend of $0.0464 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Friday, November 14th.

Blackrock Municipal 2030 Target Term Trust 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.