Private Advisor Group LLC Purchases 2,418 Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Private Advisor Group LLC increased its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 10.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,927 shares of the investment management company’s stock after buying an additional 2,418 shares during the period. Private Advisor Group LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $456,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Whittier Trust Co. raised its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 105.7% in the 1st quarter. Whittier Trust Co. now owns 119,422 shares of the investment management company’s stock valued at $1,941,000 after buying an additional 61,352 shares in the last quarter. WMG Financial Advisors LLC acquired a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth about $273,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 1st quarter worth about $252,000. Beam Wealth Advisors Inc. bought a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth about $218,000. Finally, Wolverine Asset Management LLC bought a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth about $208,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

Shares of NYSE:GBAB opened at $16.45 on Tuesday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $14.84 and a 12 month high of $18.52. The company’s 50-day moving average price is $17.38 and its two-hundred day moving average price is $16.69.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.1257 dividend. The ex-dividend date is Friday, November 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust 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.