Cetera Investment Advisers Raises Stock Holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Cetera Investment Advisers grew its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 14.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,752 shares of the investment management company’s stock after purchasing an additional 5,089 shares during the quarter. Cetera Investment Advisers’ holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $618,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in GBAB. Fortitude Advisory Group L.L.C. increased its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 5.6% during the first quarter. Fortitude Advisory Group L.L.C. now owns 22,896 shares of the investment management company’s stock valued at $342,000 after buying an additional 1,220 shares during the period. Dynamic Advisor Solutions LLC raised its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 4.6% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 38,324 shares of the investment management company’s stock worth $596,000 after buying an additional 1,697 shares during the period. Spire Wealth Management lifted its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 1,739.1% in the first quarter. Spire Wealth Management now owns 2,115 shares of the investment management company’s stock valued at $33,000 after acquiring an additional 2,000 shares in the last quarter. Wedbush Securities Inc. lifted its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.2% in the first quarter. Wedbush Securities Inc. now owns 70,548 shares of the investment management company’s stock valued at $1,097,000 after acquiring an additional 2,191 shares in the last quarter. Finally, Bison Wealth LLC lifted its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.1% during the fourth quarter. Bison Wealth LLC now owns 56,612 shares of the investment management company’s stock worth $861,000 after buying an additional 4,237 shares in the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

GBAB stock opened at $15.09 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52-week low of $14.35 and a 52-week high of $18.52. The business has a fifty day moving average of $15.00 and a two-hundred day moving average of $15.19.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be issued a $0.1257 dividend. This represents a c) annualized dividend and a dividend yield of 10.0%. The ex-dividend date of this dividend is Friday, August 15th.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

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.