Riverbridge Partners LLC Has $818,000 Stock Holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Riverbridge Partners LLC increased its stake in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 10.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,519 shares of the company’s stock after purchasing an additional 3,722 shares during the quarter. Riverbridge Partners LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $818,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BTT. Sanctuary Advisors LLC increased its position in Blackrock Municipal 2030 Target Term Trust by 2.9% during the 4th quarter. Sanctuary Advisors LLC now owns 73,343 shares of the company’s stock worth $1,542,000 after purchasing an additional 2,041 shares in the last quarter. Private Advisor Group LLC grew its holdings in Blackrock Municipal 2030 Target Term Trust by 48.5% during the 4th quarter. Private Advisor Group LLC now owns 43,178 shares of the company’s stock worth $889,000 after acquiring an additional 14,106 shares during the last quarter. Wolverine Asset Management LLC grew its holdings in Blackrock Municipal 2030 Target Term Trust by 32.3% during the 4th quarter. Wolverine Asset Management LLC now owns 57,449 shares of the company’s stock worth $1,183,000 after acquiring an additional 14,040 shares during the last quarter. Waterfront Wealth Inc. grew its holdings in Blackrock Municipal 2030 Target Term Trust by 4.1% during the 4th quarter. Waterfront Wealth Inc. now owns 117,125 shares of the company’s stock worth $2,412,000 after acquiring an additional 4,652 shares during the last quarter. Finally, Ackerman Capital Advisors LLC grew its holdings in Blackrock Municipal 2030 Target Term Trust by 2.4% during the 4th quarter. Ackerman Capital Advisors LLC now owns 24,243 shares of the company’s stock worth $499,000 after acquiring an additional 564 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Price Performance

BTT opened at $21.55 on Friday. Blackrock Municipal 2030 Target Term Trust has a fifty-two week low of $20.20 and a fifty-two week high of $21.83. The company’s 50 day moving average price is $21.28 and its two-hundred day moving average price is $21.12.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be issued a dividend of $0.0464 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date is Friday, June 13th.

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.