Guggenheim Strategic Opportunities Fund (NYSE:GOF) Share Price Crosses Above Fifty Day Moving Average of $15.37

Guggenheim Strategic Opportunities Fund (NYSE:GOF)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $15.37 and traded as high as $15.65. Guggenheim Strategic Opportunities Fund shares last traded at $15.63, with a volume of 418,989 shares traded.

Guggenheim Strategic Opportunities Fund Stock Performance

The stock’s 50 day moving average price is $15.37 and its two-hundred day moving average price is $14.88.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a $0.1821 dividend. The ex-dividend date is Friday, September 13th. This represents a $2.19 annualized dividend and a dividend yield of 13.99%.

Insider Buying and Selling

In other Guggenheim Strategic Opportunities Fund news, insider Randall C. Barnes sold 5,849 shares of the company’s stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $15.02, for a total value of $87,851.98. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. increased its stake in shares of Guggenheim Strategic Opportunities Fund by 31.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 333,692 shares of the investment management company’s stock valued at $4,271,000 after acquiring an additional 80,368 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Guggenheim Strategic Opportunities Fund by 4.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 76,863 shares of the investment management company’s stock valued at $984,000 after buying an additional 3,552 shares during the last quarter. Focus Financial Network Inc. ADV bought a new position in Guggenheim Strategic Opportunities Fund during the fourth quarter worth $1,231,000. Gridiron Partners LLC bought a new position in Guggenheim Strategic Opportunities Fund during the fourth quarter worth $506,000. Finally, CWA Asset Management Group LLC bought a new position in Guggenheim Strategic Opportunities Fund during the fourth quarter worth $151,000.

About Guggenheim Strategic Opportunities Fund

Guggenheim Strategic Opportunities Fund is a closed-ended balanced mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. The fund is co-managed by Guggenheim Partners Investment Management LLC. It invests in public equity and fixed income markets across the globe. For its equity portion, the fund invests directly and through derivatives such as writing covered call and put options to invest in the stocks of companies operating across diversified sectors.