Blackrock New Jersey Municipal Income Tr

Marco Green
August 12, 2017

The following firms have also recently changed their position in IIM.

Blackrock Taxable Municipal Bond Trust (NYSE BBN) traded up 0.87% on Friday, hitting $23.27. Berenberg Bank lowered their target price on BlackRock LT Municipal Advantage Trust from GBX 343 ($4.47) to GBX 325 ($4.23) and set a "hold" rating for the company in a report on Monday, June 12th. Invesco Pennsylvania Value Municipal Income Trust accounts for 0.5% of Mariner Investment Group LLC's portfolio, making the stock its 25th largest position. 190,636 shares of the company traded hands. BlackRock LT Municipal Advantage Trust has an average rating of Hold and an average price target of $354.64. Shares are trading at $14.39 just above the 50 day moving average of $14.35 and barely above the 200 day moving average of $14.16.

The 14-day ADX for Invesco Advantage Municipal Income Trust II (VKI) is now at 28.09. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of US and global trademark and copyright law. If you are accessing this article on another site, it was stolen and reposted in violation of U.S. and global copyright and trademark legislation. The original version of this story can be read at Oxbow Advisors LLC now owns 21,387 shares of the financial services provider's stock valued at $245,000 after buying an additional 1,112 shares in the last quarter. BlackRock Municipal Bond Trust earned a news sentiment score of 0.29 on Accern's scale. Finally, First Trust Advisors LP boosted its stake in BlackRock LT Municipal Advantage Trust by 31.1% in the second quarter.

Hedge funds and other institutional investors have recently modified their holdings of the company. Shareholders of record on Friday, August 11th will be given a $0.0599 dividend. The ex-dividend date is Friday, August 11th. Mackay Shields LLC boosted its stake in BlackRock LT Municipal Advantage Trust by 48.2% in the first quarter. This represents a $0.65 annualized dividend and a dividend yield of 5.40%. Accern also gave news articles about the investment management company an impact score of 100 out of 100, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. Van Eck Associates Corp augmented its investment by buying 16,136 shares an increase of 14.3% in the quarter.

Invesco Value Municipal Income Trust is a diversified, closed-end management investment company. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. First Trust Advisors LP raised its position in BlackRock LT Municipal Advantage Trust by 29.5% in the first quarter. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from regular federal income taxes (except that the interest may be subject to the federal alternative minimum tax).

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