Landscape Capital Management L.L.C. Sells 49,295 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Landscape Capital Management L.L.C. lessened its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 47.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 55,028 shares of the company’s stock after selling 49,295 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $1,133,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in BTT. Raymond James Financial Inc. bought a new position in shares of Blackrock Municipal 2030 Target Term Trust during the 4th quarter valued at $3,079,000. HighTower Advisors LLC increased its position in Blackrock Municipal 2030 Target Term Trust by 45.0% during the fourth quarter. HighTower Advisors LLC now owns 59,167 shares of the company’s stock worth $1,218,000 after buying an additional 18,374 shares during the last quarter. Park Avenue Securities LLC bought a new position in Blackrock Municipal 2030 Target Term Trust during the fourth quarter valued at about $1,634,000. Sanctuary Advisors LLC lifted its position in shares of Blackrock Municipal 2030 Target Term Trust by 2.9% in the fourth quarter. Sanctuary Advisors LLC now owns 73,343 shares of the company’s stock worth $1,542,000 after buying an additional 2,041 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of Blackrock Municipal 2030 Target Term Trust by 5.7% during the 4th quarter. LPL Financial LLC now owns 423,159 shares of the company’s stock worth $8,713,000 after acquiring an additional 22,700 shares in the last quarter.

Blackrock Municipal 2030 Target Term Trust Price Performance

Shares of BTT stock opened at $21.14 on Friday. The stock’s 50 day simple moving average is $21.27 and its 200 day simple moving average is $21.18. Blackrock Municipal 2030 Target Term Trust has a twelve month low of $20.22 and a twelve month high of $21.83.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be paid a $0.0464 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date 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.