Virtu Financial LLC Invests $299,000 in BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Virtu Financial LLC acquired a new stake in shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,369 shares of the investment management company’s stock, valued at approximately $299,000.

A number of other hedge funds also recently bought and sold shares of BBN. Tortoise Investment Management LLC lifted its stake in shares of BlackRock Taxable Municipal Bond Trust by 332.0% during the 4th quarter. Tortoise Investment Management LLC now owns 2,635 shares of the investment management company’s stock worth $45,000 after purchasing an additional 2,025 shares during the last quarter. Brandywine Oak Private Wealth LLC lifted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 16.1% during the 4th quarter. Brandywine Oak Private Wealth LLC now owns 18,000 shares of the investment management company’s stock valued at $293,000 after purchasing an additional 2,500 shares during the last quarter. D.A. Davidson & CO. boosted its position in shares of BlackRock Taxable Municipal Bond Trust by 6.7% in the 4th quarter. D.A. Davidson & CO. now owns 19,369 shares of the investment management company’s stock worth $315,000 after purchasing an additional 1,223 shares in the last quarter. Advisory Services Network LLC purchased a new position in BlackRock Taxable Municipal Bond Trust during the 4th quarter worth $432,000. Finally, Kestra Private Wealth Services LLC increased its position in BlackRock Taxable Municipal Bond Trust by 4.1% during the 4th quarter. Kestra Private Wealth Services LLC now owns 42,630 shares of the investment management company’s stock valued at $693,000 after buying an additional 1,669 shares in the last quarter.

BlackRock Taxable Municipal Bond Trust Price Performance

Shares of NYSE BBN opened at $16.17 on Friday. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $14.33 and a fifty-two week high of $17.13. The business has a 50-day simple moving average of $15.78 and a two-hundred day simple moving average of $16.20.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a $0.093 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 6.90%. The ex-dividend date of this dividend is Friday, June 14th.

About BlackRock Taxable Municipal Bond Trust

BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in taxable municipal securities, which include Build America Bonds.