Wolverine Asset Management LLC Acquires 14,040 Shares of Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

Wolverine Asset Management LLC raised its holdings in Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) by 32.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,449 shares of the company’s stock after acquiring an additional 14,040 shares during the period. Wolverine Asset Management LLC’s holdings in Blackrock Municipal 2030 Target Term Trust were worth $1,183,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management bought a new position in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at about $29,000. Westside Investment Management Inc. bought a new position in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at about $38,000. Stonebridge Financial Group LLC bought a new position in Blackrock Municipal 2030 Target Term Trust in the fourth quarter valued at about $45,000. Virtu Financial LLC bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the third quarter worth about $290,000. Finally, Integrated Capital Management Inc. bought a new stake in shares of Blackrock Municipal 2030 Target Term Trust during the fourth quarter worth about $314,000.

Blackrock Municipal 2030 Target Term Trust Stock Performance

NYSE:BTT opened at $21.45 on Friday. The stock’s 50-day moving average is $20.88 and its 200-day moving average is $21.20. Blackrock Municipal 2030 Target Term Trust has a 1-year low of $20.22 and a 1-year high of $21.83.

Blackrock Municipal 2030 Target Term Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.0464 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Friday, February 14th.

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.