A number of other equities analysts also recently issued reports on BTA. Credit Suisse Group AG restated a "neutral" rating and issued a GBX 400 ($4.88) price target on shares of BlackRock LT Municipal Advantage Trust in a report on Wednesday, August 10th. Morgan Stanley boosted its position in shares of Blackrock Taxable Municipal Bond Trust by 3.6% during the first quarter. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the stock.
BlackRock LT Municipal Advantage Trust (NYSE:BTA)'s stock had its "buy" rating restated by stock analysts at Societe Generale in a report issued on Wednesday.
Blackrock Municipal 2018 Term Trust (NYSE:BPK) institutional sentiment increased to 1.89 in 2017 Q2. The ratio has worsened, as 5 funds opened new or increased positions, while 7 sold and decreased their stock positions in Blackrock New York Municipal Income Trust. Blackrock New Jersey Municipal Income Tr (BNJ) has $119.16 million valuation. IFP Advisors Inc lifted its holdings in shares of Invesco Quality Municipal Income Trust by 1.2% during the 2nd quarter. Symons Capital Management Inc owns 424,343 shares or 3.7% of their U.S. portfolio. Finally, Laurion Capital Management LP bought a new position in BlackRock LT Municipal Advantage Trust during the 2nd quarter worth about $366,000.
Focused Wealth Management Inc holds 0.4% of its portfolio in Blackrock New York Municipal Income Trst for 71,127 shares. 125,086 shares of the company traded hands. Blackrock Taxable Municipal Bond Trust has a 12-month low of $19.50 and a 12-month high of $23.96. The firm's 50-day moving average is $12.28 and its 200-day moving average is $11.99.
The business also recently disclosed a dividend, which will be paid on Thursday, December 1st. This represents a $1.58 annualized dividend and a dividend yield of 6.93%. Shareholders of record on Tuesday, November 15th will be given a $0.054 dividend.
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INVESCO VAN KAMPEN HIGH INCOME TRUST II, formerly Invesco High Income Trust II, is a diversified, closed-end management investment trust. The Trust's investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax).
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