Stratos Wealth Partners LTD. Raises Position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $GBAB

Stratos Wealth Partners LTD. raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 8.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,911 shares of the investment management company’s stock after purchasing an additional 1,000 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $194,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Belpointe Asset Management LLC purchased a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter valued at approximately $151,000. Cooper Financial Group increased its position in shares of 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 acquiring an additional 1,081 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 1.6% during the second quarter. Janney Montgomery Scott LLC now owns 95,753 shares of the investment management company’s stock valued at $1,440,000 after acquiring an additional 1,474 shares during the last quarter. Palacios Wealth Management LLC purchased a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter valued at approximately $218,000. Finally, Elequin Capital LP increased its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 966.9% during the first quarter. Elequin Capital LP now owns 6,636 shares of the investment management company’s stock valued at $103,000 after acquiring an additional 6,014 shares during the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock opened at $15.59 on Monday. The firm has a 50 day moving average price of $15.49 and a 200-day moving average price of $15.17. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a twelve month low of $14.35 and a twelve month high of $16.76.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The business 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) dividend on an annualized basis and a dividend yield of 9.7%. The ex-dividend date of this dividend is Wednesday, October 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust 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.