Comerica Bank Has $337,000 Stock Position in BlackRock Taxable Municipal Bond Trust $BBN

Comerica Bank reduced its holdings in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 8.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 20,174 shares of the investment management company’s stock after selling 1,972 shares during the quarter. Comerica Bank’s holdings in BlackRock Taxable Municipal Bond Trust were worth $337,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BBN. Caitlin John LLC raised its position in BlackRock Taxable Municipal Bond Trust by 3.2% during the 1st quarter. Caitlin John LLC now owns 39,680 shares of the investment management company’s stock worth $662,000 after purchasing an additional 1,247 shares during the last quarter. Cetera Investment Advisers raised its position in BlackRock Taxable Municipal Bond Trust by 6.0% during the 1st quarter. Cetera Investment Advisers now owns 29,077 shares of the investment management company’s stock worth $485,000 after purchasing an additional 1,642 shares during the last quarter. Noble Wealth Management PBC raised its position in BlackRock Taxable Municipal Bond Trust by 4.1% during the 1st quarter. Noble Wealth Management PBC now owns 50,492 shares of the investment management company’s stock worth $842,000 after purchasing an additional 2,000 shares during the last quarter. Natural Investments LLC raised its position in BlackRock Taxable Municipal Bond Trust by 7.1% during the 1st quarter. Natural Investments LLC now owns 45,812 shares of the investment management company’s stock worth $764,000 after purchasing an additional 3,042 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in BlackRock Taxable Municipal Bond Trust by 10.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 41,212 shares of the investment management company’s stock worth $687,000 after purchasing an additional 3,981 shares during the last quarter.

BlackRock Taxable Municipal Bond Trust Trading Down 0.3%

BBN opened at $16.57 on Wednesday. BlackRock Taxable Municipal Bond Trust has a twelve month low of $15.37 and a twelve month high of $18.42. The company has a fifty day moving average of $16.16 and a 200-day moving average of $16.12.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.0986 dividend. The ex-dividend date is Monday, September 15th. This represents a c) annualized dividend and a dividend yield of 7.1%.

About BlackRock Taxable Municipal Bond Trust

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.