WMG Financial Advisors LLC Has $214,000 Holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $GBAB

WMG Financial Advisors LLC cut its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 5.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,250 shares of the investment management company’s stock after selling 800 shares during the quarter. WMG Financial Advisors LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $214,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of GBAB. Raymond James Financial Inc. raised its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 81.1% during the first quarter. Raymond James Financial Inc. now owns 432,063 shares of the investment management company’s stock valued at $6,719,000 after purchasing an additional 193,551 shares during the period. LPL Financial LLC raised its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 65.5% during the first quarter. LPL Financial LLC now owns 392,592 shares of the investment management company’s stock valued at $6,105,000 after purchasing an additional 155,345 shares during the period. Sit Investment Associates Inc. raised its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 345.7% during the first quarter. Sit Investment Associates Inc. now owns 323,774 shares of the investment management company’s stock valued at $5,035,000 after purchasing an additional 251,123 shares during the period. Cooper Financial Group raised its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 0.8% during the second quarter. Cooper Financial Group now owns 128,458 shares of the investment management company’s stock valued at $1,932,000 after purchasing an additional 1,081 shares during the period. Finally, Savvy Advisors Inc. raised its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.8% during the first quarter. Savvy Advisors Inc. now owns 96,867 shares of the investment management company’s stock valued at $1,506,000 after purchasing an additional 9,430 shares during the period.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

Shares of GBAB stock opened at $15.63 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $14.35 and a 1 year high of $16.99. The stock’s 50 day simple moving average is $15.45 and its two-hundred day simple moving average is $15.15.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be issued a $0.1257 dividend. This represents a c) annualized dividend and a dividend yield of 9.7%. The ex-dividend date is Wednesday, October 15th.

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.