BLACKROCK MUN TARGET TERM TR BTT
COM SHS BEN IN · Closed-End Fund · CUSIP 09257P105
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($343.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.73. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 108 |
| Q4 2022 | 120 |
| Q1 2023 | 117 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 55 | 47 |
| Q1 2023 | 54 | 45 |
Biggest buyers
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Added | +317.3k |
| MORGAN STANLEY | Added | +170.9k |
| Karpus Management, Inc. | Added | +164.5k |
| MONETA GROUP INVESTMENT ADVISORS LLC | New | +85.0k |
| VAN ECK ASSOCIATES CORP | Added | +59.6k |
| Jacobi Capital Management LLC | Added | +53.9k |
| COHEN & STEERS, INC. | New | +52.3k |
| Hennion & Walsh Asset Management, Inc. | Added | +52.0k |
| Merit Financial Group, LLC | Added | +40.3k |
| LPL Financial LLC | Added | +27.3k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -119.1k |
| Weiss Asset Management LP | Sold out | -84.0k |
| XML Financial, LLC | Reduced | -67.8k |
| M&T Bank Corp | Sold out | -45.6k |
| Veritable, L.P. | Reduced | -40.9k |
| STIFEL FINANCIAL CORP | Reduced | -30.7k |
| Advisory Services Network, LLC | Reduced | -24.9k |
| OSAIC HOLDINGS, INC. | Reduced | -16.5k |
| ACCESS FINANCIAL SERVICES, INC. | Sold out | -15.1k |
| Amplius Wealth Advisors, LLC | Reduced | -12.9k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Karpus Management, Inc. 13G · institution +1.3 pts · filed 2025-11-14 | 6.9% |
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $38.9m | Added +170.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $34.0m | Reduced -119.1k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 1.55% of their portfolio | 1.5m $32.1m | Added +317.3k |
| Karpus Management, Inc. 0.96% of their portfolio | 1.4m $30.7m | Added +164.5k |
| MacKay Shields LLC 0.84% of their portfolio | 1.4m $30.4m | Unchanged |
| Allspring Global Investments Holdings, LLC 0.04% of their portfolio | 1.1m $23.0m | Added +23.2k |
| UBS Group AG 0.01% of their portfolio | 924.4k $20.1m | Added +10.1k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 575.2k $12.5m | Reduced -30.7k |
| Narwhal Capital Management 1.45% of their portfolio | 532.4k $11.6m | Added +372 |
| WealthBridge Capital Management, LLC 4.18% of their portfolio | 483.4k $10.5m | Reduced -5.6k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 368.5k $8.0m | Added +59.6k |
| Hennion & Walsh Asset Management, Inc. 0.35% of their portfolio | 262.9k $5.7m | Added +52.0k |
| WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV 1.83% of their portfolio | 222.0k $4.8m | Added +10.4k |
| GILL CAPITAL PARTNERS, LLC 2.07% of their portfolio | 213.2k $4.6m | Added +21.0k |
| Veritable, L.P. 0.07% of their portfolio | 191.3k $4.2m | Reduced -40.9k |
| LPL Financial LLC 0.00% of their portfolio | 182.2k $4.0m | Added +27.3k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 170.2k $3.7m | Added +5.8k |
| Cerity Partners LLC 0.01% of their portfolio | 141.9k $3.1m | Unchanged |
| Amplius Wealth Advisors, LLC 0.43% of their portfolio | 139.6k $3.0m | Reduced -12.9k |
| Merit Financial Group, LLC 0.10% of their portfolio | 129.5k $2.8m | Added +40.3k |
| Steward Partners Investment Advisory, LLC 0.04% of their portfolio | 128.6k $2.8m | Reduced -8.0k |
| Waterfront Wealth Inc. 0.90% of their portfolio | 126.6k $2.7m | Reduced -2.1k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 119.0k $2.6m | Added +5.8k |
| XML Financial, LLC 0.31% of their portfolio | 118.0k $2.6m | Reduced -67.8k |
| Jacobi Capital Management LLC 0.27% of their portfolio | 106.4k $2.3m | Added +53.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 95.4k $2.1m | Added +7.0k |
| SENTINEL TRUST CO LBA 0.29% of their portfolio | 94.7k $2.1m | Unchanged |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.04% of their portfolio | 85.0k $1.8m | New |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 82.8k $1.8m | Reduced -3.7k |
| LexAurum Advisors, LLC 0.58% of their portfolio | 80.3k $1.7m | Reduced -2.9k |
| Logan Stone Capital, LLC 0.67% of their portfolio | 77.6k $1.7m | Added +15.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 74.7k $1.6m | Reduced -3.1k |
| Clear Harbor Asset Management, LLC 0.17% of their portfolio | 73.4k $1.6m | Added +6.0k |
| ARBOR CAPITAL MANAGEMENT INC /ADV 1.26% of their portfolio | 72.4k $1.6m | Added +1.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 71.9k $1.6m | Reduced -2.8k |
| Advisory Services Network, LLC 0.04% of their portfolio | 71.4k $1.6m | Reduced -24.9k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 64.5k $1.4m | Added +1.1k |
| PINNACLE ASSOCIATES LTD 0.03% of their portfolio | 58.8k $1.3m | Reduced -140 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 55.4k $1.2m | Reduced -8.0k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 52.3k $1.1m | New |
| Jefferies Financial Group Inc. 0.02% of their portfolio | 51.9k $1.1m | Unchanged |
| TrinityPoint Wealth, LLC 0.23% of their portfolio | 50.2k $1.1m | Added +1.7k |
| Anchor Investment Management, LLC 0.14% of their portfolio | 48.6k $1.1m | Reduced -2.2k |
| Oder Investment Management, LLC 1.16% of their portfolio | 45.8k $994.5k | Added +1.2k |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.03% of their portfolio | 43.7k $948.1k | Added +18.1k |
| Private Advisor Group, LLC 0.01% of their portfolio | 42.2k $916.6k | Reduced -2.7k |
| CWM, LLC 0.01% of their portfolio | 34.2k $743.0k | Added +13.5k |
| PALO ALTO WEALTH ADVISORS, LLC 0.59% of their portfolio | 33.6k $732.4k | Reduced -11.2k |
| Lido Advisors, LLC 0.01% of their portfolio | 31.4k $682.6k | Added +1 |
| Breakwater Capital Group 0.28% of their portfolio | 30.5k $662.2k | Reduced -5.6k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 29.9k $649.5k | Reduced -16.5k |
| Chicago Partners Investment Group LLC 0.03% of their portfolio | 27.0k $583.4k | Added +126 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 25.7k $558.5k | New |
| ENCOMPASS WEALTH ADVISORS, LLC 0.18% of their portfolio | 24.4k $530.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 23.8k $517.4k | Added +13.9k |
| HARVEY CAPITAL MANAGEMENT INC 0.20% of their portfolio | 23.1k $501.7k | Reduced -9.5k |
| Successful Portfolios LLC 0.31% of their portfolio | 22.8k $495.4k | Reduced -1.0k |
| Covenant Asset Management, LLC 0.15% of their portfolio | 21.9k $474.8k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 21.5k $466.0k | Added +3 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 20.5k $445.7k | Reduced -1.0k |
| Summit Financial Wealth Advisors, LLC 0.11% of their portfolio | 20.4k $443.6k | Unchanged |
| Integrated Wealth Concepts LLC 0.01% of their portfolio | 19.9k $432.0k | Added +15 |
| TRANSCEND CAPITAL ADVISORS, LLC 0.04% of their portfolio | 19.3k $418.3k | Added +2.2k |
| Avior Wealth Management, LLC 0.03% of their portfolio | 18.7k $405.9k | Reduced -392 |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 18.5k $402.0k | Not comparable |
| Wealthcare Advisory Partners LLC 0.02% of their portfolio | 18.4k $400.3k | Reduced -83 |
| Joel Isaacson & Co., LLC 0.03% of their portfolio | 18.1k $393.0k | Added +3.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 17.0k $370.1k | Added +3.5k |
| Icon Wealth Partners, LLC 0.04% of their portfolio | 16.8k $365.4k | First filing |
| Tamar Securities, LLC 0.10% of their portfolio | 16.5k $357.7k | Reduced -991 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.05% of their portfolio | 16.2k $352.5k | Reduced -9.6k |
| Dakota Wealth Management 0.02% of their portfolio | 15.8k $343.2k | New |
| US BANCORP \DE\ 0.00% of their portfolio | 15.7k $342.0k | Unchanged |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 15.3k $331.9k | New |
| Creative Planning 0.00% of their portfolio | 14.7k $318.7k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 14.5k $315.0k | Added +34 |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 13.8k $299.7k | Added +29 |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 13.3k $288.5k | Unchanged |
| Compass Financial Group, INC/SD 0.09% of their portfolio | 13.2k $285.7k | Added +3 |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.01% of their portfolio | 12.9k $281.3k | Unchanged |
| SYNOVUS FINANCIAL CORP 0.00% of their portfolio | 12.3k $266.9k | New |
| Laidlaw Wealth Management LLC 0.05% of their portfolio | 11.5k $250.2k | Unchanged |
| Magnus Financial Group LLC 0.04% of their portfolio | 11.5k $249.9k | Added +1.3k |
| WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 0.01% of their portfolio | 11.0k $238.9k | Unchanged |
| Strategic Wealth Investment Group, LLC 0.04% of their portfolio | 11.0k $238.0k | New |
| WEDBUSH SECURITIES INC 0.01% of their portfolio | 10.9k $236.0k | Added +16 |
| Western Wealth Management, LLC 0.02% of their portfolio | 10.8k $234.5k | Unchanged |
| HARBOR INVESTMENT ADVISORY, LLC 0.03% of their portfolio | 10.6k $230.5k | Unchanged |
| Stratos Wealth Partners, LTD. 0.01% of their portfolio | 10.6k $230.3k | Unchanged |
| Equitable Holdings, Inc. 0.00% of their portfolio | 10.5k $227.3k | Reduced -481 |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio | 10.1k $220.1k | Reduced -541 |
| Virtu Financial LLC 0.02% of their portfolio | 10.0k $217.0k | Reduced -2.1k |
| Alterity Financial Group, LLC 0.30% of their portfolio | 9.7k $207.1k | Unchanged |
| MELFA WEALTH MANAGEMENT, INC. 0.20% of their portfolio | 9.2k $200.6k | New |
| Alan B Lancz & Associates, Inc. 0.18% of their portfolio | 7.8k $169.4k | Unchanged |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.01% of their portfolio | 7.7k $167.5k | Unchanged |
| Tortoise Investment Management, LLC 0.02% of their portfolio | 7.2k $156.4k | Added +1.5k |
| MRP Capital Investments, LLC 0.17% of their portfolio | 7.0k $152.0k | Added +3.0k |
| BESSEMER GROUP INC 0.00% of their portfolio | 6.1k $133.0k | Unchanged |
| Colonial Trust Co / SC 0.03% of their portfolio | 5.0k $108.6k | Unchanged |