Guggenheim Active Allocation Fund (NYSE:GUG) Shares Down 0.5% – What’s Next?

Guggenheim Active Allocation Fund (NYSE:GUG) shares fell 0.5% during trading on Wednesday . The company traded as low as $14.78 and last traded at $14.87. 191,595 shares changed hands during trading, an increase of 118% from the average session volume of 87,838 shares. The stock had previously closed at $14.94.

Guggenheim Active Allocation Fund Trading Down 0.5 %

The stock has a fifty day moving average of $15.52 and a 200 day moving average of $15.64.

Guggenheim Active Allocation Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.1188 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kingsview Wealth Management LLC increased its stake in shares of Guggenheim Active Allocation Fund by 3.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 19,860 shares of the company’s stock worth $329,000 after purchasing an additional 649 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in Guggenheim Active Allocation Fund by 4.6% in the second quarter. Concurrent Investment Advisors LLC now owns 15,377 shares of the company’s stock worth $230,000 after buying an additional 675 shares during the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of Guggenheim Active Allocation Fund by 6.2% in the second quarter. J.W. Cole Advisors Inc. now owns 43,018 shares of the company’s stock valued at $642,000 after buying an additional 2,523 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Guggenheim Active Allocation Fund during the 2nd quarter valued at $45,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Guggenheim Active Allocation Fund during the 3rd quarter worth $63,000.