Fairscale Capital LLC Acquires Shares of 2,087 Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Fairscale Capital LLC bought a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,087 shares of the investment management company’s stock, valued at approximately $34,000.

Other large investors have also recently modified their holdings of the company. Wolverine Asset Management LLC acquired a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth $208,000. Beam Wealth Advisors Inc. acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter worth about $218,000. Benedetti & Gucer Inc. raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 6.0% during the first quarter. Benedetti & Gucer Inc. now owns 14,186 shares of the investment management company’s stock worth $231,000 after acquiring an additional 800 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the first quarter worth about $252,000. Finally, WMG Financial Advisors LLC acquired a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter valued at approximately $273,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Down 2.0 %

Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock opened at $17.83 on Monday. The firm’s 50 day moving average is $17.37 and its 200 day moving average is $16.55. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $14.22 and a 1 year high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.1257 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 8.46%.

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.