Private Advisor Group LLC Has $424,000 Stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Private Advisor Group LLC reduced its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBABFree Report) by 8.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,217 shares of the investment management company’s stock after selling 2,396 shares during the period. Private Advisor Group LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $424,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in GBAB. NBC Securities Inc. acquired a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the third quarter worth $136,000. CoreCap Advisors LLC lifted its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 14.8% in the fourth quarter. CoreCap Advisors LLC now owns 15,515 shares of the investment management company’s stock valued at $251,000 after buying an additional 2,000 shares during the period. Significant Wealth Partners LLC bought a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the fourth quarter valued at $251,000. International Assets Investment Management LLC acquired a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the fourth quarter worth approximately $262,000. Finally, Commonwealth Equity Services LLC lifted its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 164.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 32,737 shares of the investment management company’s stock valued at $509,000 after acquiring an additional 20,357 shares during the period.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Down 0.2 %

GBAB opened at $16.07 on Wednesday. The company has a fifty day moving average price of $16.10 and a two-hundred day moving average price of $16.16. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1-year low of $14.22 and a 1-year high of $17.14.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.126 per share. This represents a $1.51 dividend on an annualized basis and a dividend yield of 9.41%. The ex-dividend date of this dividend is Tuesday, May 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company Profile

(Free Report)

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States.

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Institutional Ownership by Quarter for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

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