Stratos Wealth Partners LTD. Trims Holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Stratos Wealth Partners LTD. trimmed its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,911 shares of the investment management company’s stock after selling 1,245 shares during the period. Stratos Wealth Partners LTD.’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $181,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GBAB. Oppenheimer & Co. Inc. purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 3rd quarter valued at about $613,000. International Assets Investment Management LLC lifted its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 1,658.0% during the 3rd quarter. International Assets Investment Management LLC now owns 17,580 shares of the investment management company’s stock worth $3,090,000 after acquiring an additional 16,580 shares during the period. Virtu Financial LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 3rd quarter worth about $240,000. Sanctuary Advisors LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth about $189,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 14.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 79,551 shares of the investment management company’s stock worth $1,399,000 after acquiring an additional 10,035 shares during the period.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 1.0 %

Shares of GBAB stock opened at $15.59 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1-year low of $14.85 and a 1-year high of $18.52. The firm’s 50-day simple moving average is $15.49 and its 200-day simple moving average is $16.47.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.1257 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.51 annualized dividend and a dividend yield of 9.68%.

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.