Commonwealth Equity Services LLC Sells 39,728 Shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Commonwealth Equity Services LLC lessened its stake in shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 20.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 150,984 shares of the investment management company’s stock after selling 39,728 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock Taxable Municipal Bond Trust were worth $2,434,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BBN. Larson Financial Group LLC lifted its position in shares of BlackRock Taxable Municipal Bond Trust by 246.7% during the 3rd quarter. Larson Financial Group LLC now owns 2,080 shares of the investment management company’s stock valued at $37,000 after buying an additional 1,480 shares in the last quarter. Kestra Private Wealth Services LLC lifted its holdings in BlackRock Taxable Municipal Bond Trust by 4.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 49,698 shares of the investment management company’s stock valued at $801,000 after purchasing an additional 2,140 shares in the last quarter. M&T Bank Corp boosted its position in shares of BlackRock Taxable Municipal Bond Trust by 0.4% in the fourth quarter. M&T Bank Corp now owns 637,513 shares of the investment management company’s stock worth $10,276,000 after purchasing an additional 2,433 shares during the period. Integrated Capital Management Inc. increased its stake in shares of BlackRock Taxable Municipal Bond Trust by 13.2% in the fourth quarter. Integrated Capital Management Inc. now owns 25,572 shares of the investment management company’s stock worth $412,000 after purchasing an additional 2,975 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of BlackRock Taxable Municipal Bond Trust by 9.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 37,231 shares of the investment management company’s stock valued at $600,000 after purchasing an additional 3,199 shares during the period.

BlackRock Taxable Municipal Bond Trust Stock Down 0.3 %

Shares of BlackRock Taxable Municipal Bond Trust stock opened at $16.54 on Thursday. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $15.39 and a fifty-two week high of $18.42. The company has a fifty day moving average of $16.58 and a 200 day moving average of $16.78.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.0929 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 6.74%. The ex-dividend date is Friday, March 14th.

BlackRock Taxable Municipal Bond Trust Company 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.