BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. trimmed its holdings in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 7.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,141 shares of the investment management company’s stock after selling 1,460 shares during the period. Atria Wealth Solutions Inc.’s holdings in BlackRock Taxable Municipal Bond Trust were worth $279,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. SFI Advisors LLC boosted its position in shares of BlackRock Taxable Municipal Bond Trust by 19.0% during the 3rd quarter. SFI Advisors LLC now owns 14,569 shares of the investment management company’s stock valued at $221,000 after acquiring an additional 2,322 shares during the last quarter. Bryn Mawr Capital Management LLC acquired a new position in BlackRock Taxable Municipal Bond Trust in the 3rd quarter valued at about $295,000. Wolverine Asset Management LLC grew its stake in shares of BlackRock Taxable Municipal Bond Trust by 61.0% in the 3rd quarter. Wolverine Asset Management LLC now owns 35,366 shares of the investment management company’s stock valued at $536,000 after buying an additional 13,404 shares during the period. Kestra Private Wealth Services LLC acquired a new stake in shares of BlackRock Taxable Municipal Bond Trust during the 3rd quarter worth approximately $621,000. Finally, J.W. Cole Advisors Inc. raised its position in shares of BlackRock Taxable Municipal Bond Trust by 25.5% during the 4th quarter. J.W. Cole Advisors Inc. now owns 49,218 shares of the investment management company’s stock valued at $800,000 after buying an additional 10,011 shares during the period.

BlackRock Taxable Municipal Bond Trust Trading Up 0.2 %

Shares of BlackRock Taxable Municipal Bond Trust stock opened at $15.87 on Thursday. The stock has a 50 day moving average of $16.08 and a 200 day moving average of $16.09. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $14.33 and a fifty-two week high of $18.07.

BlackRock Taxable Municipal Bond Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be given a dividend of $0.093 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.03%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Taxable Municipal Bond Trust Company Profile

BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in taxable municipal securities, which include Build America Bonds.