Private Advisor Group LLC Has $456,000 Stock Position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Private Advisor Group LLC lifted its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 10.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,927 shares of the investment management company’s stock after buying an additional 2,418 shares during the quarter. Private Advisor Group LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $456,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James & Associates boosted its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.4% during the third quarter. Raymond James & Associates now owns 183,112 shares of the investment management company’s stock worth $3,219,000 after purchasing an additional 5,957 shares during the period. Cooper Financial Group raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.6% in the second quarter. Cooper Financial Group now owns 141,398 shares of the investment management company’s stock valued at $2,248,000 after purchasing an additional 11,178 shares in the last quarter. Whittier Trust Co. raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 105.7% in the first quarter. Whittier Trust Co. now owns 119,422 shares of the investment management company’s stock valued at $1,941,000 after purchasing an additional 61,352 shares in the last quarter. Xcel Wealth Management LLC raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 6.6% in the third quarter. Xcel Wealth Management LLC now owns 71,521 shares of the investment management company’s stock valued at $1,257,000 after purchasing an additional 4,450 shares in the last quarter. Finally, Private Portfolio Partners LLC raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 45.1% in the first quarter. Private Portfolio Partners LLC now owns 37,716 shares of the investment management company’s stock valued at $613,000 after purchasing an additional 11,721 shares in the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Down 0.5 %

GBAB stock opened at $16.45 on Tuesday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $14.84 and a 52 week high of $18.52. The business has a 50-day simple moving average of $17.38 and a 200 day simple moving average of $16.69.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.1257 per share. The ex-dividend date is Friday, November 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.