Daymark Wealth Partners LLC Buys Shares of 95,780 Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $GBAB

Daymark Wealth Partners LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 95,780 shares of the investment management company’s stock, valued at approximately $1,429,000.

A number of other institutional investors have also modified their holdings of GBAB. Bison Wealth LLC boosted its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.1% during the fourth quarter. Bison Wealth LLC now owns 56,612 shares of the investment management company’s stock worth $861,000 after acquiring an additional 4,237 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter worth approximately $549,000. Envestnet Asset Management Inc. acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 3rd quarter valued at $321,000. Jane Street Group LLC acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter valued at $189,000. Finally, Advisory Services Network LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 3rd quarter worth $35,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

GBAB stock opened at $14.52 on Thursday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52-week low of $14.20 and a 52-week high of $15.94. The stock’s fifty day simple moving average is $15.14 and its 200-day simple moving average is $15.28.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a dividend of $0.1257 per share. The ex-dividend date is Friday, March 13th. This represents a c) annualized dividend and a yield of 10.4%.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Profile

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE: GBAB) is a closed-end management investment company organized as a statutory trust. The trust’s shares trade on the New York Stock Exchange, offering investors access to a diversified portfolio of taxable municipal securities and high-quality corporate debt instruments. As an externally managed vehicle, GBAB provides market participants with a convenient way to seek income and potential capital appreciation through a single exchange-listed security.

The fund’s primary investment strategy focuses on taxable municipal bonds issued by state and local governments across the United States.