BlackRock Taxable Municipal Bond Trust $BBN Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its holdings in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 11.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 36,302 shares of the investment management company’s stock after selling 4,910 shares during the period. Janney Montgomery Scott LLC’s holdings in BlackRock Taxable Municipal Bond Trust were worth $585,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Capital Investment Advisory Services LLC acquired a new position in BlackRock Taxable Municipal Bond Trust in the 1st quarter valued at about $175,000. Avantax Advisory Services Inc. lifted its position in shares of BlackRock Taxable Municipal Bond Trust by 30.2% during the first quarter. Avantax Advisory Services Inc. now owns 17,480 shares of the investment management company’s stock worth $292,000 after purchasing an additional 4,050 shares in the last quarter. Cetera Investment Advisers raised its holdings in BlackRock Taxable Municipal Bond Trust by 6.0% in the first quarter. Cetera Investment Advisers now owns 29,077 shares of the investment management company’s stock valued at $485,000 after acquiring an additional 1,642 shares in the last quarter. Caitlin John LLC raised its holdings in BlackRock Taxable Municipal Bond Trust by 3.2% in the first quarter. Caitlin John LLC now owns 39,680 shares of the investment management company’s stock valued at $662,000 after acquiring an additional 1,247 shares in the last quarter. Finally, Natural Investments LLC raised its position in shares of 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 acquiring an additional 3,042 shares in the last quarter.

BlackRock Taxable Municipal Bond Trust Price Performance

Shares of NYSE BBN opened at $16.56 on Friday. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $15.37 and a fifty-two week high of $17.23. The stock’s 50-day simple moving average is $16.44 and its 200-day simple moving average is $16.11.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be given a $0.0986 dividend. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Wednesday, October 15th.

BlackRock Taxable Municipal Bond Trust Profile

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.