Janney Montgomery Scott LLC Acquires 5,598 Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Janney Montgomery Scott LLC grew its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 7.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 85,149 shares of the investment management company’s stock after purchasing an additional 5,598 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $1,294,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in GBAB. Private Advisor Group LLC raised its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.3% in the 3rd quarter. Private Advisor Group LLC now owns 25,927 shares of the investment management company’s stock worth $456,000 after purchasing an additional 2,418 shares during the last quarter. Good Life Advisors LLC boosted its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 75.9% during the 3rd quarter. Good Life Advisors LLC now owns 18,530 shares of the investment management company’s stock worth $326,000 after acquiring an additional 7,995 shares during the last quarter. Raymond James & Associates increased its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.4% in the third quarter. Raymond James & Associates now owns 183,112 shares of the investment management company’s stock worth $3,219,000 after buying an additional 5,957 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth approximately $189,000. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 40.1% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 22,683 shares of the investment management company’s stock worth $361,000 after buying an additional 6,491 shares during the period.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock opened at $15.68 on Wednesday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a twelve month low of $14.85 and a twelve month high of $18.52. The business has a 50-day moving average price of $15.52 and a 200-day moving average price of $16.50.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $0.1257 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.51 annualized dividend and a yield of 9.62%.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company 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.