BlackRock Taxable Municipal Bond Trust (BBN) To Go Ex-Dividend on November 14th

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Monday, November 3rd. Shareholders of record on Friday, November 14th will be given a dividend of 0.0986 per share by the investment management company on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Friday, November 14th.

BlackRock Taxable Municipal Bond Trust Stock Up 0.7%

Shares of NYSE BBN opened at $17.24 on Wednesday. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $15.37 and a fifty-two week high of $17.36. The firm’s 50-day simple moving average is $16.66 and its 200 day simple moving average is $16.22.

Institutional Trading of BlackRock Taxable Municipal Bond Trust

A number of hedge funds have recently bought and sold shares of the business. Trust Co. of Toledo NA OH bought a new stake in BlackRock Taxable Municipal Bond Trust in the 2nd quarter valued at about $52,000. Allworth Financial LP raised its holdings in shares of BlackRock Taxable Municipal Bond Trust by 1,333.3% during the 2nd quarter. Allworth Financial LP now owns 4,300 shares of the investment management company’s stock valued at $69,000 after buying an additional 4,000 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in BlackRock Taxable Municipal Bond Trust in the third quarter worth approximately $148,000. Steward Partners Investment Advisory LLC grew its position in BlackRock Taxable Municipal Bond Trust by 316.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 10,177 shares of the investment management company’s stock valued at $164,000 after acquiring an additional 7,733 shares during the last quarter. Finally, WealthTrust Axiom LLC purchased a new position in shares of BlackRock Taxable Municipal Bond Trust during the second quarter worth approximately $165,000.

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.