Tradewinds Capital Management LLC Sells 5,297 Shares of BlackRock Insured Municipal Income Trust (NYSE:BYM)

Tradewinds Capital Management LLC trimmed its holdings in BlackRock Insured Municipal Income Trust (NYSE:BYM) by 22.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,200 shares of the company’s stock after selling 5,297 shares during the quarter. Tradewinds Capital Management LLC owned approximately 0.07% of BlackRock Insured Municipal Income Trust worth $258,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Advisors Asset Management Inc. raised its holdings in shares of BlackRock Insured Municipal Income Trust by 30.9% in the third quarter. Advisors Asset Management Inc. now owns 178,337 shares of the company’s stock worth $2,620,000 after buying an additional 42,048 shares during the period. Wells Fargo & Company MN boosted its position in BlackRock Insured Municipal Income Trust by 9.9% during the 2nd quarter. Wells Fargo & Company MN now owns 93,741 shares of the company’s stock valued at $1,357,000 after acquiring an additional 8,429 shares in the last quarter. Citigroup Inc. boosted its position in BlackRock Insured Municipal Income Trust by 6.3% during the 2nd quarter. Citigroup Inc. now owns 25,526 shares of the company’s stock valued at $370,000 after acquiring an additional 1,506 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in BlackRock Insured Municipal Income Trust by 3.2% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 24,185 shares of the company’s stock valued at $350,000 after acquiring an additional 744 shares in the last quarter.

Shares of BlackRock Insured Municipal Income Trust (BYM) remained flat at $$13.36 during midday trading on Friday. 25,812 shares of the company’s stock were exchanged, compared to its average volume of 77,484. BlackRock Insured Municipal Income Trust has a one year low of $13.25 and a one year high of $15.24.

The company also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 15th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.72 dividend on an annualized basis and a yield of 5.39%.

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BlackRock Insured Municipal Income Trust Company Profile

BlackRock Municipal Income Quality Trust is a diversified perpetual closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income taxes, including the alternative minimum tax. The Trust seeks to achieve its investment objective by investing, at least 80% of its managed assets in municipal bonds exempt from federal income taxes, including the alternative minimum tax.

Institutional Ownership by Quarter for BlackRock Insured Municipal Income Trust (NYSE:BYM)

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