Atria Wealth Solutions Inc. Grows Stock Position in BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Atria Wealth Solutions Inc. raised its holdings in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 20.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 21,051 shares of the investment management company’s stock after acquiring an additional 3,515 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in BlackRock Taxable Municipal Bond Trust were worth $339,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Larson Financial Group LLC increased its holdings in shares of BlackRock Taxable Municipal Bond Trust by 246.7% in the third quarter. Larson Financial Group LLC now owns 2,080 shares of the investment management company’s stock valued at $37,000 after purchasing an additional 1,480 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of BlackRock Taxable Municipal Bond Trust in the third quarter valued at about $239,000. Mezzasalma Advisors LLC acquired a new position in shares of BlackRock Taxable Municipal Bond Trust in the fourth quarter valued at about $240,000. JPMorgan Chase & Co. acquired a new position in shares of BlackRock Taxable Municipal Bond Trust in the third quarter valued at about $274,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of BlackRock Taxable Municipal Bond Trust by 22.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 16,737 shares of the investment management company’s stock valued at $298,000 after purchasing an additional 3,102 shares during the period.

BlackRock Taxable Municipal Bond Trust Price Performance

Shares of BBN stock opened at $16.94 on Friday. The stock’s 50-day simple moving average is $16.37 and its 200-day simple moving average is $16.91. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $15.39 and a fifty-two week high of $18.42.

BlackRock Taxable Municipal Bond Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.0929 per share. This represents a $1.11 annualized dividend and a yield of 6.58%. The ex-dividend date of this dividend was Friday, February 14th.

About BlackRock Taxable Municipal Bond Trust

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.