Guggenheim Strategic Opportunities Fund (NYSE:GOF) Shares Pass Above 50 Day Moving Average of $14.65

Shares of Guggenheim Strategic Opportunities Fund (NYSE:GOF) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.65 and traded as high as $14.93. Guggenheim Strategic Opportunities Fund shares last traded at $14.92, with a volume of 845,925 shares changing hands.

Guggenheim Strategic Opportunities Fund Price Performance

The company’s 50-day simple moving average is $14.65 and its 200 day simple moving average is $14.11.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were given a $0.182 dividend. The ex-dividend date was Friday, June 14th. This represents a $2.18 annualized dividend and a yield of 14.64%.

Hedge Funds Weigh In On Guggenheim Strategic Opportunities Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its position in shares of Guggenheim Strategic Opportunities Fund by 5.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 16,567 shares of the investment management company’s stock worth $245,000 after purchasing an additional 888 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Guggenheim Strategic Opportunities Fund by 9.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 363,239 shares of the investment management company’s stock worth $5,372,000 after purchasing an additional 32,323 shares during the last quarter. LPL Financial LLC raised its stake in Guggenheim Strategic Opportunities Fund by 22.2% during the 3rd quarter. LPL Financial LLC now owns 965,960 shares of the investment management company’s stock worth $14,287,000 after acquiring an additional 175,404 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in Guggenheim Strategic Opportunities Fund by 22.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 139,682 shares of the investment management company’s stock worth $2,066,000 after acquiring an additional 26,057 shares in the last quarter. Finally, Capital Market Strategies LLC raised its stake in Guggenheim Strategic Opportunities Fund by 19.9% during the 4th quarter. Capital Market Strategies LLC now owns 34,242 shares of the investment management company’s stock worth $438,000 after acquiring an additional 5,679 shares in the last quarter.

Guggenheim Strategic Opportunities Fund Company Profile

Guggenheim Strategic Opportunities Fund is a closed-ended balanced mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. The fund is co-managed by Guggenheim Partners Investment Management LLC. It invests in public equity and fixed income markets across the globe. For its equity portion, the fund invests directly and through derivatives such as writing covered call and put options to invest in the stocks of companies operating across diversified sectors.