Dynamic Advisor Solutions LLC Has $657,000 Stock Holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Dynamic Advisor Solutions LLC raised its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBABFree Report) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,278 shares of the investment management company’s stock after buying an additional 1,351 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $657,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Morgan Stanley grew its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 7.4% in the 3rd quarter. Morgan Stanley now owns 1,506,855 shares of the investment management company’s stock valued at $23,417,000 after buying an additional 103,346 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 5.3% during the 1st quarter. Bank of America Corp DE now owns 358,877 shares of the investment management company’s stock worth $7,138,000 after purchasing an additional 17,976 shares in the last quarter. UBS Group AG grew its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.5% during the 1st quarter. UBS Group AG now owns 343,713 shares of the investment management company’s stock worth $5,857,000 after purchasing an additional 11,466 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 11.3% during the 1st quarter. Invesco Ltd. now owns 213,266 shares of the investment management company’s stock worth $4,242,000 after purchasing an additional 21,598 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.7% during the 1st quarter. Raymond James & Associates now owns 165,027 shares of the investment management company’s stock worth $3,282,000 after purchasing an additional 5,907 shares in the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

GBAB opened at $16.44 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52-week low of $14.22 and a 52-week high of $17.44. The business’s fifty day moving average is $16.49 and its 200-day moving average is $15.90.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be issued a dividend of $0.1257 per share. This represents a $1.51 annualized dividend and a dividend yield of 9.18%. The ex-dividend date is Thursday, March 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

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