Atria Wealth Solutions Inc. Raises Stock Holdings in BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Atria Wealth Solutions Inc. increased its stake in shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 20.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,051 shares of the investment management company’s stock after purchasing an additional 3,515 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in BlackRock Taxable Municipal Bond Trust were worth $339,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in BBN. HighTower Advisors LLC lifted its stake in shares of BlackRock Taxable Municipal Bond Trust by 330.6% during the 3rd quarter. HighTower Advisors LLC now owns 435,512 shares of the investment management company’s stock worth $7,757,000 after purchasing an additional 334,362 shares during the last quarter. Eagle Bluffs Wealth Management LLC lifted its stake in shares of BlackRock Taxable Municipal Bond Trust by 22.6% during the 4th quarter. Eagle Bluffs Wealth Management LLC now owns 1,722,370 shares of the investment management company’s stock worth $27,765,000 after purchasing an additional 318,049 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in shares of BlackRock Taxable Municipal Bond Trust during the 3rd quarter worth $2,280,000. Benjamin Edwards Inc. purchased a new stake in shares of BlackRock Taxable Municipal Bond Trust during the 3rd quarter worth $1,777,000. Finally, Primoris Wealth Advisors LLC purchased a new stake in shares of BlackRock Taxable Municipal Bond Trust during the 3rd quarter worth $1,693,000.

BlackRock Taxable Municipal Bond Trust Stock Performance

Shares of NYSE BBN opened at $16.94 on Friday. The business has a fifty day moving average price of $16.37 and a 200 day moving average price of $16.91. BlackRock Taxable Municipal Bond Trust has a 1-year low of $15.39 and a 1-year high of $18.42.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.0929 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 6.58%. The ex-dividend date was Friday, February 14th.

BlackRock Taxable Municipal Bond Trust Profile

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.