Guggenheim Active Allocation Fund (NYSE:GUG) Trading 0.3% Higher – What’s Next?

Shares of Guggenheim Active Allocation Fund (NYSE:GUG) shot up 0.3% during mid-day trading on Friday . The stock traded as high as $15.84 and last traded at $15.65. 150,347 shares changed hands during trading, an increase of 13% from the average session volume of 132,736 shares. The stock had previously closed at $15.61.

Guggenheim Active Allocation Fund Price Performance

The firm’s fifty day moving average is $15.30 and its two-hundred day moving average is $15.65.

Guggenheim Active Allocation Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a $0.1188 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.43 annualized dividend and a dividend yield of 9.10%.

Institutional Investors Weigh In On Guggenheim Active Allocation Fund

A number of institutional investors have recently bought and sold shares of GUG. Avior Wealth Management LLC boosted its position in Guggenheim Active Allocation Fund by 53.6% during the fourth quarter. Avior Wealth Management LLC now owns 5,479 shares of the company’s stock worth $81,000 after purchasing an additional 1,913 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of Guggenheim Active Allocation Fund during the 3rd quarter valued at $63,000. Kovitz Investment Group Partners LLC bought a new stake in Guggenheim Active Allocation Fund during the third quarter worth about $1,130,000. Stifel Financial Corp increased its holdings in Guggenheim Active Allocation Fund by 16.8% in the 3rd quarter. Stifel Financial Corp now owns 54,793 shares of the company’s stock valued at $907,000 after buying an additional 7,896 shares during the period. Finally, Rockefeller Capital Management L.P. acquired a new position in shares of Guggenheim Active Allocation Fund in the 3rd quarter valued at approximately $539,000.