BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its holdings in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 22.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 16,737 shares of the investment management company’s stock after buying an additional 3,102 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in BlackRock Taxable Municipal Bond Trust were worth $298,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Integrated Capital Management Inc. boosted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 4.5% in the 3rd quarter. Integrated Capital Management Inc. now owns 22,597 shares of the investment management company’s stock valued at $403,000 after buying an additional 983 shares during the period. B. Riley Wealth Advisors Inc. boosted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 2.6% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 43,308 shares of the investment management company’s stock valued at $657,000 after buying an additional 1,090 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 2.7% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 55,143 shares of the investment management company’s stock valued at $902,000 after buying an additional 1,435 shares during the period. Fairscale Capital LLC acquired a new position in shares of BlackRock Taxable Municipal Bond Trust in the 2nd quarter valued at about $31,000. Finally, Raymond James & Associates boosted its stake in BlackRock Taxable Municipal Bond Trust by 0.7% during the 3rd quarter. Raymond James & Associates now owns 354,351 shares of the investment management company’s stock valued at $6,315,000 after purchasing an additional 2,478 shares during the period.

BlackRock Taxable Municipal Bond Trust Price Performance

BlackRock Taxable Municipal Bond Trust stock opened at $16.75 on Monday. The firm has a 50-day moving average price of $17.42 and a two-hundred day moving average price of $16.77. BlackRock Taxable Municipal Bond Trust has a 52-week low of $15.22 and a 52-week high of $18.42.

BlackRock Taxable Municipal Bond Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.0929 per share. This represents a $1.11 dividend on an annualized basis and a yield of 6.66%. The ex-dividend date of this dividend is Friday, November 15th.

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.