Guggenheim Strategic Opportunities Fund (NYSE:GOF) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Guggenheim Strategic Opportunities Fund (NYSE:GOF) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $12.51 and traded as high as $12.82. Guggenheim Strategic Opportunities Fund shares last traded at $12.7950, with a volume of 1,078,086 shares.

Guggenheim Strategic Opportunities Fund Stock Performance

The company has a 50 day simple moving average of $12.51 and a 200 day simple moving average of $13.79.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be issued a dividend of $0.1821 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 17.1%.

Hedge Funds Weigh In On Guggenheim Strategic Opportunities Fund

A number of large investors have recently bought and sold shares of the company. Ameritas Advisory Services LLC boosted its holdings in shares of Guggenheim Strategic Opportunities Fund by 7.5% in the third quarter. Ameritas Advisory Services LLC now owns 11,336 shares of the investment management company’s stock valued at $170,000 after acquiring an additional 790 shares in the last quarter. AE Wealth Management LLC lifted its position in Guggenheim Strategic Opportunities Fund by 3.6% in the second quarter. AE Wealth Management LLC now owns 24,079 shares of the investment management company’s stock valued at $359,000 after purchasing an additional 840 shares during the period. JB Capital LLC boosted its holdings in Guggenheim Strategic Opportunities Fund by 3.8% in the 4th quarter. JB Capital LLC now owns 25,886 shares of the investment management company’s stock valued at $333,000 after purchasing an additional 949 shares in the last quarter. Kingsview Wealth Management LLC increased its position in Guggenheim Strategic Opportunities Fund by 8.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 11,996 shares of the investment management company’s stock worth $180,000 after purchasing an additional 966 shares during the period. Finally, Realta Investment Advisors raised its stake in shares of Guggenheim Strategic Opportunities Fund by 5.2% during the 2nd quarter. Realta Investment Advisors now owns 20,383 shares of the investment management company’s stock worth $304,000 after buying an additional 1,000 shares in the last quarter.

About Guggenheim Strategic Opportunities Fund

Guggenheim Strategic Opportunities Fund (NYSE: GOF) is a closed-end management investment company organized as a diversified, non-diversified or interval fund (as defined under the Investment Company Act of 1940). The fund commenced operations in February 2012 with a primary objective of seeking a high level of total return, consisting of both income and capital appreciation, through a flexible, opportunistic investment approach.

The fund’s core strategy focuses on investing across the capital structure of both debt and equity securities.