Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Shares Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC grew its holdings in shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 96.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 41,634 shares of the company’s stock after acquiring an additional 20,400 shares during the quarter. Wolverine Asset Management LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $865,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in BTT. Karpus Management Inc. boosted its position in Blackrock Municipal 2030 Target Term Trust by 33.0% during the 4th quarter. Karpus Management Inc. now owns 2,512,207 shares of the company’s stock worth $52,254,000 after acquiring an additional 623,183 shares during the period. Tortoise Investment Management LLC boosted its position in Blackrock Municipal 2030 Target Term Trust by 1,131.7% during the 2nd quarter. Tortoise Investment Management LLC now owns 398,173 shares of the company’s stock worth $8,270,000 after acquiring an additional 365,845 shares during the period. City of London Investment Management Co. Ltd. boosted its position in Blackrock Municipal 2030 Target Term Trust by 130.0% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 428,327 shares of the company’s stock worth $9,021,000 after acquiring an additional 242,073 shares during the period. 1607 Capital Partners LLC boosted its position in Blackrock Municipal 2030 Target Term Trust by 280.3% during the 4th quarter. 1607 Capital Partners LLC now owns 273,728 shares of the company’s stock worth $5,694,000 after acquiring an additional 201,753 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its position in Blackrock Municipal 2030 Target Term Trust by 9.5% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,214,689 shares of the company’s stock worth $25,229,000 after acquiring an additional 105,661 shares during the period.

Blackrock Municipal 2030 Target Term Trust Trading Up 0.0 %

Shares of BTT stock opened at $21.45 on Thursday. The stock has a fifty day moving average of $21.10 and a two-hundred day moving average of $20.86. Blackrock Municipal 2030 Target Term Trust has a 1 year low of $18.90 and a 1 year high of $21.64.

Blackrock Municipal 2030 Target Term Trust Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 16th will be issued a $0.0464 dividend. This is a positive change from Blackrock Municipal 2030 Target Term Trust’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.56 annualized dividend and a dividend yield of 2.60%.

About Blackrock Municipal 2030 Target Term Trust

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.