Whittier Trust Co. Sells 1,615 Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Whittier Trust Co. decreased its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 1.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 117,807 shares of the investment management company’s stock after selling 1,615 shares during the quarter. Whittier Trust Co.’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $1,873,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of GBAB. Xcel Wealth Management LLC grew its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 9.4% during the second quarter. Xcel Wealth Management LLC now owns 67,071 shares of the investment management company’s stock valued at $1,066,000 after buying an additional 5,778 shares during the last quarter. Cooper Financial Group increased its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.6% in the 2nd quarter. Cooper Financial Group now owns 141,398 shares of the investment management company’s stock worth $2,248,000 after purchasing an additional 11,178 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the first quarter valued at approximately $252,000. Private Portfolio Partners LLC boosted its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 45.1% during the first quarter. Private Portfolio Partners LLC now owns 37,716 shares of the investment management company’s stock valued at $613,000 after purchasing an additional 11,721 shares during the period. Finally, Benedetti & Gucer Inc. grew its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 6.0% in the first quarter. Benedetti & Gucer Inc. now owns 14,186 shares of the investment management company’s stock worth $231,000 after purchasing an additional 800 shares during the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 1.0 %

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock opened at $18.00 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1-year low of $14.22 and a 1-year high of $18.02. The firm has a 50-day moving average of $16.69 and a 200-day moving average of $16.35.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be issued a $0.1257 dividend. This represents a $1.51 annualized dividend and a yield of 8.38%. The ex-dividend date of this dividend is Thursday, August 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust 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.