BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Shares Bought by Creative Planning

Creative Planning increased its holdings in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 59.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,541 shares of the investment management company’s stock after buying an additional 6,925 shares during the quarter. Creative Planning’s holdings in BlackRock Taxable Municipal Bond Trust were worth $330,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fairscale Capital LLC acquired a new stake in shares of BlackRock Taxable Municipal Bond Trust during the 2nd quarter worth approximately $31,000. Opal Wealth Advisors LLC purchased a new position in shares of BlackRock Taxable Municipal Bond Trust during the 2nd quarter valued at approximately $102,000. Miracle Mile Advisors LLC purchased a new position in shares of BlackRock Taxable Municipal Bond Trust during the 3rd quarter valued at approximately $178,000. Concurrent Investment Advisors LLC purchased a new position in shares of BlackRock Taxable Municipal Bond Trust during the 2nd quarter valued at approximately $230,000. Finally, Bryn Mawr Capital Management LLC lifted its position in shares of BlackRock Taxable Municipal Bond Trust by 168.7% during the 2nd quarter. Bryn Mawr Capital Management LLC now owns 15,625 shares of the investment management company’s stock valued at $259,000 after buying an additional 9,809 shares in the last quarter.

BlackRock Taxable Municipal Bond Trust Trading Up 0.5 %

Shares of NYSE:BBN opened at $16.75 on Friday. BlackRock Taxable Municipal Bond Trust has a 1 year low of $15.22 and a 1 year high of $18.42. The business’s 50 day moving average price is $17.42 and its 200-day moving average price is $16.75.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.0929 per share. The ex-dividend date is Friday, November 15th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 6.66%.

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.