Blackrock Municipal 2018 Term Trust (BPK) : Chicago Partners Investment Group scooped up 188 additional shares in Blackrock Municipal 2018 Term Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 34,679 shares of Blackrock Municipal 2018 Term Trust which is valued at $529,548.Blackrock Municipal 2018 Term Trust makes up approximately 0.25% of Chicago Partners Investment Group’s portfolio.
Other Hedge Funds, Including , Commonwealth Equity Services Inc reduced its stake in BPK by selling 277 shares or 0.26% in the most recent quarter. The Hedge Fund company now holds 105,045 shares of BPK which is valued at $1,599,835. Blackrock Municipal 2018 Term Trust makes up approx 0.01% of Commonwealth Equity Services Inc’s portfolio. Sit Investment Associates Inc added BPK to its portfolio by purchasing 25,300 company shares during the most recent quarter which is valued at $385,066. Blackrock Municipal 2018 Term Trust makes up approx 0.01% of Sit Investment Associates Inc’s portfolio.Narwhal Capital Management boosted its stake in BPK in the latest quarter, The investment management firm added 4,350 additional shares and now holds a total of 20,212 shares of Blackrock Municipal 2018 Term Trust which is valued at $307,425. Blackrock Municipal 2018 Term Trust makes up approx 0.09% of Narwhal Capital Management’s portfolio.
Blackrock Municipal 2018 Term Trust opened for trading at $15.32 and hit $15.37 on the upside on Monday, eventually ending the session at $15.35, with a gain of 0.13% or 0.02 points. The heightened volatility saw the trading volume jump to 62,260 shares. Company has a market cap of $244 M.
BlackRock Municipal 2018 Term Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objectives seek to provide current income exempt from regular federal and California income taxes and to return $15 per common share to holders of common shares on or about December 31 2018. The Trust seeks to achieve its investment objectives by investing its assets in municipal bonds exempt from federal income taxes. The Trust invests at least 80% of its assets in municipal bonds that are investment grade quality at the time of investment. The Trust invests in various sectors including state transportation housing county/city/special district/school district health corporate education and utilities. The Trust’s investment advisor is BlackRock Advisors LLC (the Manager) an indirect wholly owned subsidiary of BlackRock Inc.