Blackrock Municipal Income Trust Q1 2018 Institutional Investor Sentiment Better Than Expected

June 18, 2018 - By Hazel Jackson

Sentiment for Blackrock Municipal Income Trust (NYSE:BFK)

Blackrock Municipal Income Trust (NYSE:BFK) institutional sentiment increased to 2.64 in 2018 Q1. Its up 1.26, from 1.38 in 2017Q4. The ratio improved, as 29 funds increased and opened new equity positions, while 11 reduced and sold their holdings in Blackrock Municipal Income Trust. The funds in our partner’s database now have: 3.26 million shares, up from 2.82 million shares in 2017Q4. Also, the number of funds holding Blackrock Municipal Income Trust in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 8 Increased: 13 New Position: 16.

The stock decreased 0.08% or $0.01 during the last trading session, reaching $12.77. About 54,389 shares traded. BlackRock Municipal Income Trust (NYSE:BFK) has declined 10.55% since June 18, 2017 and is downtrending. It has underperformed by 23.12% the S&P500.

Robinson Capital Management Llc holds 0.97% of its portfolio in BlackRock Municipal Income Trust for 242,665 shares. Hollencrest Capital Management owns 244,133 shares or 0.41% of their US portfolio. Moreover, Fiduciary Financial Services Of The Southwest Inc Tx has 0.28% invested in the company for 71,041 shares. The Arizona-based Dynamic Advisor Solutions Llc has invested 0.13% in the stock. Capital Investment Advisors Llc, a Georgia-based fund reported 82,885 shares.

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