Guggenheim Active Allocation Fund (NYSE:GUG) Stock Price Down 0.2% – Here’s What Happened

Guggenheim Active Allocation Fund (NYSE:GUG) fell 0.2% during trading on Friday . The company traded as low as $15.07 and last traded at $15.11. 48,597 shares were traded during trading, a decline of 42% from the average session volume of 83,772 shares. The stock had previously closed at $15.14.

Guggenheim Active Allocation Fund Stock Performance

The business’s 50-day simple moving average is $14.88 and its 200 day simple moving average is $15.25.

Guggenheim Active Allocation Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.1188 per share. This represents a $1.43 dividend on an annualized basis and a yield of 9.43%. The ex-dividend date of this dividend is Thursday, May 15th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of GUG. Raymond James Financial Inc. bought a new position in Guggenheim Active Allocation Fund during the fourth quarter valued at approximately $7,535,000. Advisors Asset Management Inc. grew its position in Guggenheim Active Allocation Fund by 19.1% during the first quarter. Advisors Asset Management Inc. now owns 708,910 shares of the company’s stock valued at $10,683,000 after acquiring an additional 113,795 shares during the last quarter. Kovitz Investment Group Partners LLC grew its position in Guggenheim Active Allocation Fund by 127.4% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 157,875 shares of the company’s stock valued at $2,348,000 after acquiring an additional 88,456 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Guggenheim Active Allocation Fund by 12.0% in the first quarter. Royal Bank of Canada now owns 517,900 shares of the company’s stock worth $7,805,000 after purchasing an additional 55,628 shares during the last quarter. Finally, Baird Financial Group Inc. grew its holdings in shares of Guggenheim Active Allocation Fund by 5.9% in the fourth quarter. Baird Financial Group Inc. now owns 735,643 shares of the company’s stock worth $10,939,000 after purchasing an additional 40,723 shares during the last quarter.