Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Short Interest Down 60.9% in December

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 26,300 shares, a decrease of 60.9% from the December 15th total of 67,200 shares. Based on an average trading volume of 144,500 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Several institutional investors have recently modified their holdings of the business. Fairscale Capital LLC bought a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the second quarter worth about $34,000. B. Riley Wealth Advisors Inc. raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 40.1% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 22,683 shares of the investment management company’s stock valued at $361,000 after purchasing an additional 6,491 shares during the period. Sanctuary Advisors LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter valued at approximately $189,000. Good Life Advisors LLC grew its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 75.9% during the 3rd quarter. Good Life Advisors LLC now owns 18,530 shares of the investment management company’s stock valued at $326,000 after buying an additional 7,995 shares in the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.4% in the 3rd quarter. Raymond James & Associates now owns 183,112 shares of the investment management company’s stock worth $3,219,000 after purchasing an additional 5,957 shares during the period.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

NYSE GBAB opened at $15.58 on Thursday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $14.85 and a 12 month high of $18.52. The stock’s fifty day moving average price is $15.60 and its 200-day moving average price is $16.55.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.1257 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.51 annualized dividend and a dividend yield of 9.68%.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company Profile

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.