Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Portfolio Manager Allen Li Acquires 1,000 Shares

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Portfolio Manager Allen Li purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were acquired at an average cost of $13.59 per share, for a total transaction of $13,590.00. Following the completion of the purchase, the portfolio manager directly owned 1,000 shares of the company’s stock, valued at approximately $13,590. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 0.3%

Shares of NYSE:GBAB opened at $13.59 on Thursday. The company’s fifty day moving average is $13.93 and its 200 day moving average is $14.27. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $13.51 and a 52 week high of $15.94.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.1257 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 11.1%.

Institutional Trading of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

A number of institutional investors have recently made changes to their positions in the stock. Sit Investment Associates Inc. raised its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 11.9% during the fourth quarter. Sit Investment Associates Inc. now owns 696,506 shares of the investment management company’s stock valued at $10,392,000 after acquiring an additional 74,078 shares during the last quarter. Rivernorth Capital Management LLC bought a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter worth approximately $4,178,000. Bison Wealth LLC lifted its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.1% in the fourth quarter. Bison Wealth LLC now owns 56,612 shares of the investment management company’s stock worth $861,000 after acquiring an additional 4,237 shares during the period. Bank of America Corp DE boosted its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.0% in the first quarter. Bank of America Corp DE now owns 589,291 shares of the investment management company’s stock valued at $8,545,000 after acquiring an additional 53,498 shares in the last quarter. Finally, Fiera Capital Corp increased its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 32.4% during the 4th quarter. Fiera Capital Corp now owns 140,705 shares of the investment management company’s stock valued at $2,099,000 after purchasing an additional 34,427 shares during the period.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company Profile

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE: GBAB) is a closed-end management investment company organized as a statutory trust. The trust’s shares trade on the New York Stock Exchange, offering investors access to a diversified portfolio of taxable municipal securities and high-quality corporate debt instruments. As an externally managed vehicle, GBAB provides market participants with a convenient way to seek income and potential capital appreciation through a single exchange-listed security.

The fund’s primary investment strategy focuses on taxable municipal bonds issued by state and local governments across the United States.