2,087 Shares in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Acquired by Fairscale Capital LLC

Fairscale Capital LLC purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,087 shares of the investment management company’s stock, valued at approximately $34,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Whittier Trust Co. lifted its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 105.7% during the first quarter. Whittier Trust Co. now owns 119,422 shares of the investment management company’s stock worth $1,941,000 after purchasing an additional 61,352 shares during the period. WMG Financial Advisors LLC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth $273,000. B. Riley Wealth Advisors Inc. bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 1st quarter worth $252,000. Beam Wealth Advisors Inc. acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth about $218,000. Finally, Wolverine Asset Management LLC bought a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter valued at about $208,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

Shares of GBAB stock opened at $17.83 on Monday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1-year low of $14.22 and a 1-year high of $18.52. The stock has a 50-day moving average of $17.37 and a 200-day moving average of $16.55.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be given a dividend of $0.1257 per share. This represents a $1.51 dividend on an annualized basis and a yield of 8.46%. The ex-dividend date of this dividend is Friday, September 13th.

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.