12 August, 2017
(The) reaffirmed a neutral rating and set a GBX 340 ($4.43) price target on shares of BlackRock LT Municipal Advantage Trust in a research report on Wednesday, June 21st.
Invesco Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. Finally, BNP Paribas cut BlackRock LT Municipal Advantage Trust to an "underperform" rating and set a GBX 260 ($3.39) target price for the company.in a report on Thursday, May 25th.
About 136,090 shares traded or 71.47% up from the average. BlackRock LT Municipal Advantage Trust has an average rating of Hold and an average price target of $354.64. It is trading at $11.97 which is slightly below $11.99, the stock's 50 day moving average and a tad above the 200 day moving average of $11.69. The value of the company's investment in Invesco Value Municipal Income increased from $379,000 to $427,000 increasing 12.7% quarter over quarter. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of USA and worldwide trademark and copyright law. If you are accessing this report on another publication, it was stolen and reposted in violation of US & worldwide copyright laws.
BlackRock LT Municipal Advantage Trust (NYSE:BTA) opened at 12.01 on Monday. The legal version of this article can be read at https://www.themarketsdaily.com/2017/08/12/blackrock-lt-municipal-advantage-trusts-nysebta-sell-rating-reaffirmed-at-deutsche-bank-ag-updated.html. BlackRock Insured Municipal Income Inves earned a news impact score of -0.04 on Accern's scale.
Harbour Capital Advisors LLC increased its stake in Blackrock New York Municipal Income Trst (NYSE:BNY) by 1,393.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The company also recently announced a monthly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.054 per share.
Several large investors have recently modified their holdings of BTA. The value of the total investment in Invesco Value Municipal Income went from $198,000 to $187,000 a change of $11,000 since the last quarter. Landscape Capital Management L.L.C., a New Jersey-based fund reported 24,701 shares. Mackay Shields LLC boosted its stake in BlackRock LT Municipal Advantage Trust by 48.2% in the first quarter. The ex-dividend date is Friday, August 11th. This represents a $1.58 annualized dividend and a dividend yield of 6.80%. Morgan Stanley now owns 46,959 shares with a value of $693,000.
Macroview Investment Management Llc holds 1.69% of its portfolio in Invesco Value Municipal Income Trust for 21,101 shares. Invesco Advantage Municipal Income Trust II (VKI)'s Williams %R presently stands at -88.89.
The Trust will invest at least 80% of its total assets in municipal bonds that are investment-grade quality, or determined by BlackRock, Inc.