Guggenheim Active Allocation Fund (NYSE:GUG) Shares Down 0.5% – Time to Sell?

Guggenheim Active Allocation Fund (NYSE:GUG)’s share price traded down 0.5% during mid-day trading on Wednesday . The company traded as low as $14.78 and last traded at $14.87. 191,595 shares traded hands during trading, an increase of 118% from the average session volume of 87,838 shares. The stock had previously closed at $14.94.

Guggenheim Active Allocation Fund Stock Performance

The company’s 50 day moving average is $15.52 and its 200-day moving average is $15.64.

Guggenheim Active Allocation Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.1188 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Trading of Guggenheim Active Allocation Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GUG. JPMorgan Chase & Co. bought a new position in Guggenheim Active Allocation Fund in the third quarter worth approximately $63,000. Kovitz Investment Group Partners LLC acquired a new position in shares of Guggenheim Active Allocation Fund during the third quarter worth approximately $1,130,000. Stifel Financial Corp lifted its holdings in shares of Guggenheim Active Allocation Fund by 16.8% in the 3rd quarter. Stifel Financial Corp now owns 54,793 shares of the company’s stock worth $907,000 after purchasing an additional 7,896 shares in the last quarter. Rockefeller Capital Management L.P. acquired a new stake in Guggenheim Active Allocation Fund in the 3rd quarter valued at $539,000. Finally, Penserra Capital Management LLC bought a new stake in Guggenheim Active Allocation Fund during the 3rd quarter valued at $4,951,000.