Dynamic Advisor Solutions LLC Raises Stock Position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Dynamic Advisor Solutions LLC raised its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 4.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,324 shares of the investment management company’s stock after buying an additional 1,697 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $596,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Cohen & Steers Inc. purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the fourth quarter worth approximately $152,000. Noble Wealth Management PBC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the fourth quarter worth approximately $176,000. NBC Securities Inc. boosted its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 125,340.0% during the 1st quarter. NBC Securities Inc. now owns 12,544 shares of the investment management company’s stock worth $195,000 after acquiring an additional 12,534 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 21.4% during the 4th quarter. HighTower Advisors LLC now owns 14,384 shares of the investment management company’s stock worth $219,000 after acquiring an additional 2,534 shares during the last quarter. Finally, Intellus Advisors LLC bought a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 4th quarter valued at $234,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Up 0.8%

Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock opened at $14.65 on Thursday. The stock’s fifty day moving average is $14.95 and its 200 day moving average is $15.32. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a one year low of $14.35 and a one year high of $18.53.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.1257 per share. The ex-dividend date is Friday, June 13th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 10.30%.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company 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.