Virtu Financial LLC acquired a new stake in shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,369 shares of the investment management company’s stock, valued at approximately $299,000.
A number of other hedge funds also recently bought and sold shares of BBN. Tortoise Investment Management LLC lifted its stake in shares of BlackRock Taxable Municipal Bond Trust by 332.0% during the 4th quarter. Tortoise Investment Management LLC now owns 2,635 shares of the investment management company’s stock worth $45,000 after purchasing an additional 2,025 shares during the last quarter. Brandywine Oak Private Wealth LLC lifted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 16.1% during the 4th quarter. Brandywine Oak Private Wealth LLC now owns 18,000 shares of the investment management company’s stock valued at $293,000 after purchasing an additional 2,500 shares during the last quarter. D.A. Davidson & CO. boosted its position in shares of BlackRock Taxable Municipal Bond Trust by 6.7% in the 4th quarter. D.A. Davidson & CO. now owns 19,369 shares of the investment management company’s stock worth $315,000 after purchasing an additional 1,223 shares in the last quarter. Advisory Services Network LLC purchased a new position in BlackRock Taxable Municipal Bond Trust during the 4th quarter worth $432,000. Finally, Kestra Private Wealth Services LLC increased its position in BlackRock Taxable Municipal Bond Trust by 4.1% during the 4th quarter. Kestra Private Wealth Services LLC now owns 42,630 shares of the investment management company’s stock valued at $693,000 after buying an additional 1,669 shares in the last quarter.
BlackRock Taxable Municipal Bond Trust Price Performance
Shares of NYSE BBN opened at $16.17 on Friday. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $14.33 and a fifty-two week high of $17.13. The business has a 50-day simple moving average of $15.78 and a two-hundred day simple moving average of $16.20.
BlackRock Taxable Municipal Bond Trust Dividend Announcement
About BlackRock Taxable Municipal Bond Trust
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.
Featured Articles
- Five stocks we like better than BlackRock Taxable Municipal Bond Trust
- Comparing and Trading High PE Ratio Stocks
- Darden Stock Up After Q4 Earnings Beat, Cautious FY25 Outlook
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Celsius Stock: Why Piper Sandler Forecasts a 50% Surge
- How to Invest in the FAANG Stocks
- Accenture’s Stock Earnings Reveal an AI-Powered Growth Strategy
Receive News & Ratings for BlackRock Taxable Municipal Bond Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Taxable Municipal Bond Trust and related companies with MarketBeat.com's FREE daily email newsletter.