Westside Investment Management Inc. Invests $38,000 in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Westside Investment Management Inc. purchased a new position in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,834 shares of the company’s stock, valued at approximately $38,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Virtu Financial LLC bought a new position in Blackrock Municipal 2030 Target Term Trust during the 3rd quarter valued at about $290,000. Integrated Capital Management Inc. acquired a new position in shares of Blackrock Municipal 2030 Target Term Trust in the 4th quarter worth approximately $314,000. Avior Wealth Management LLC grew its position in Blackrock Municipal 2030 Target Term Trust by 37.9% during the 3rd quarter. Avior Wealth Management LLC now owns 17,614 shares of the company’s stock worth $381,000 after acquiring an additional 4,844 shares during the last quarter. Garden State Investment Advisory Services LLC acquired a new stake in Blackrock Municipal 2030 Target Term Trust during the 3rd quarter valued at $483,000. Finally, Oppenheimer & Co. Inc. raised its position in Blackrock Municipal 2030 Target Term Trust by 14.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 22,677 shares of the company’s stock valued at $490,000 after purchasing an additional 2,823 shares during the last quarter.

Blackrock Municipal 2030 Target Term Trust Price Performance

BTT opened at $20.83 on Thursday. The company’s 50 day simple moving average is $20.90 and its 200-day simple moving average is $21.16. Blackrock Municipal 2030 Target Term Trust has a one year low of $20.22 and a one year high of $21.83.

Blackrock Municipal 2030 Target Term Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be given 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%.

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.