Nomura Holdings Inc. Takes $285,000 Position in BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Nomura Holdings Inc. purchased a new stake in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 17,543 shares of the investment management company’s stock, valued at approximately $285,000.

Other institutional investors have also modified their holdings of the company. Fortis Group Advisors LLC boosted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 2,000 shares of the investment management company’s stock valued at $33,000 after buying an additional 1,000 shares in the last quarter. Tortoise Investment Management LLC boosted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 332.0% in the 4th quarter. Tortoise Investment Management LLC now owns 2,635 shares of the investment management company’s stock valued at $45,000 after buying an additional 2,025 shares in the last quarter. Brandywine Oak Private Wealth LLC boosted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 16.1% in 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 buying an additional 2,500 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of BlackRock Taxable Municipal Bond Trust in the 4th quarter valued at about $299,000. Finally, D.A. Davidson & CO. boosted its holdings 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 valued at $315,000 after buying an additional 1,223 shares in the last quarter.

BlackRock Taxable Municipal Bond Trust Trading Down 0.2 %

BBN stock opened at $16.14 on Friday. The firm has a 50 day moving average of $15.79 and a 200 day moving average of $16.21. BlackRock Taxable Municipal Bond Trust has a 52 week low of $14.33 and a 52 week high of $17.13.

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 6.91%. The ex-dividend date 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.