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Do Institutional Investors Hate Blackrock Long-term Municipal Advantage Trust (NYSE:BTA)?

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

Blackrock Long-term Municipal Advantage Trust (NYSE:BTA) institutional sentiment decreased to 1.56 in 2018 Q2. Its down -1.84, from 3.4 in 2018Q1. The ratio dropped, as 14 investment managers increased or started new holdings, while 9 sold and reduced their equity positions in Blackrock Long-term Municipal Advantage Trust. The investment managers in our partner’s database now hold: 2.82 million shares, down from 5.72 million shares in 2018Q1. Also, the number of investment managers holding Blackrock Long-term Municipal Advantage Trust in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 5 Increased: 10 New Position: 4.

BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. The company has market cap of $150.73 million. It is managed by BlackRock Advisors, LLC. It has a 17.07 P/E ratio. The fund invests in fixed income markets of the United States.

The stock increased 0.99% or $0.11 during the last trading session, reaching $11.23. About 51,274 shares traded or 26.34% up from the average. BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) has declined 5.46% since November 10, 2017 and is downtrending. It has underperformed by 21.08% the S&P500.

Tradewinds Capital Management Llc holds 0.45% of its portfolio in BlackRock Long-Term Municipal Advantage Trust for 94,590 shares. Sit Investment Associates Inc owns 845,665 shares or 0.25% of their US portfolio. Moreover, Robinson Capital Management Llc has 0.1% invested in the company for 29,523 shares. The Colorado-based Advisors Asset Management Inc. has invested 0.05% in the stock. Oxbow Advisors Llc, a Texas-based fund reported 21,387 shares.

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

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