Blackrock Long-term Municipal Advantage Trust (NYSE:BTA): Institutional Investors Aren’t Crazy About It

Sentiment for Blackrock Long-term Municipal Advantage Trust (NYSE:BTA)

Blackrock Long-term Municipal Advantage Trust (NYSE:BTA) institutional sentiment decreased to 0.91 in Q3 2018. Its down -0.65, from 1.56 in 2018Q2. The ratio fall, as 10 hedge funds opened new or increased stock positions, while 11 sold and decreased their holdings in Blackrock Long-term Municipal Advantage Trust. The hedge funds in our partner’s database now have: 2.55 million shares, down from 2.82 million shares in 2018Q2. Also, the number of hedge funds holding Blackrock Long-term Municipal Advantage Trust in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 8 Increased: 8 New Position: 2.

BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. The company has market cap of $152.48 million. It is managed by BlackRock Advisors, LLC. It has a 206.55 P/E ratio. The fund invests in fixed income markets of the United States.

The stock increased 0.09% or $0.01 during the last trading session, reaching $11.36. About 16,661 shares traded. BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) has declined 7.53% since January 14, 2018 and is downtrending. It has underperformed by 7.53% the S&P500.

Tradewinds Capital Management Llc holds 0.41% of its portfolio in BlackRock Long-Term Municipal Advantage Trust for 93,712 shares. Sit Investment Associates Inc owns 833,541 shares or 0.24% of their US portfolio. Moreover, Robinson Capital Management Llc has 0.13% invested in the company for 38,339 shares. The Colorado-based Advisors Asset Management Inc. has invested 0.04% in the stock. Oxbow Advisors Llc, a Texas-based fund reported 21,387 shares.

More notable recent BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) news were published by: Seekingalpha.com which released: “BofA turns “bullish” on muni bonds in 2019 – Seeking Alpha” on December 11, 2018, also Seekingalpha.com with their article: “Weekly Municipal Bond CEF Trades: The Fund With One Of The Highest Yields – Seeking Alpha” published on December 03, 2018, Seekingalpha.com published: “Weekly Review: Municipal Bond CEFs – Another Solid Performance From The Funds In The Sector – Seeking Alpha” on December 13, 2018. More interesting news about BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) were released by: Seekingalpha.com and their article: “Weekly Closed-End Fund Roundup: Distribution Boosts To Eaton Vance Floating Rate CEFs – Seeking Alpha” published on November 26, 2018 as well as Seekingalpha.com‘s news article titled: “December CEF Distributions Widespread Across Sponsors – DBL Cuts Big – Seeking Alpha” with publication date: December 07, 2018.

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) Ratings Chart

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