1 week Ago By ABMN Staff
Wells Fargo & Company MN lowered its stake in BlackRock Long-Term Municipal Advantage Trust ( NYSE:BTA – Free Report ) by 15.8% during the fourth quarter, HoldingsChannel.com reports.
The institutional investor owned 233,375 shares of the financial services provider’s stock after selling 43,642 shares during the period. Wells Fargo & Company MN’s holdings in BlackRock Long-Term Municipal Advantage Trust were worth $2,278,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also recently modified their holdings of the company.
Van ECK Associates Corp boosted its holdings in shares of BlackRock Long-Term Municipal Advantage Trust by 2.8% during the 4th quarter. Van ECK Associates Corp now owns 68,884 shares of the financial services provider’s stock valued at $672,000 after acquiring an additional 1,845 shares in the last quarter.
Raymond James Financial Inc. bought a new position in BlackRock Long-Term Municipal Advantage Trust in the fourth quarter valued at about $2,048,000. Hennion & Walsh Asset Management Inc.
acquired a new stake in shares of BlackRock Long-Term Municipal Advantage Trust during the fourth quarter valued at about $1,432,000. Natural Investments LLC bought a new stake in shares of BlackRock Long-Term Municipal Advantage Trust during the fourth quarter worth about $156,000. Finally, HBK Sorce Advisory LLC increased its stake in shares of BlackRock Long-Term Municipal Advantage Trust by 9.
3% in the fourth quarter. HBK Sorce Advisory LLC now owns 28,825 shares of the financial services provider’s stock valued at $281,000 after buying an additional 2,450 shares during the period. BlackRock Long-Term Municipal Advantage Trust Trading Down 0.
1 % NYSE:BTA opened at $9.10 on Friday. BlackRock Long-Term Municipal Advantage Trust has a one year low of $8.
76 and a one year high of $11.10. The firm’s 50 day simple moving average is $9.
58 and its 200 day simple moving average is $9.97. BlackRock Long-Term Municipal Advantage Trust Announces Dividend BlackRock Long-Term Municipal Advantage Trust Company Profile ( Free Report ) BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC.
The fund invests in fixed income markets of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment.
Read More Want to see what other hedge funds are holding BTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Long-Term Municipal Advantage Trust ( NYSE:BTA – Free Report ). Receive News & Ratings for BlackRock Long-Term Municipal Advantage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Long-Term Municipal Advantage Trust and related companies with MarketBeat.
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