140,304 Shares in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Purchased by StoneX Group Inc.

StoneX Group Inc. bought a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 140,304 shares of the investment management company’s stock, valued at approximately $2,133,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Palacios Wealth Management LLC purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 4th quarter worth about $163,000. Noble Wealth Management PBC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the fourth quarter worth about $176,000. HighTower Advisors LLC lifted its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 21.4% during the 4th quarter. HighTower Advisors LLC now owns 14,384 shares of the investment management company’s stock valued at $219,000 after buying an additional 2,534 shares in the last quarter. Intellus Advisors LLC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 4th quarter worth approximately $234,000. Finally, Virtu Financial LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 3rd quarter valued at approximately $240,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

NYSE:GBAB opened at $15.55 on Wednesday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $14.85 and a 1 year high of $18.53. The stock’s fifty day moving average price is $15.60 and its two-hundred day moving average price is $16.00.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.1257 per share. This represents a $1.51 dividend on an annualized basis and a yield of 9.70%. The ex-dividend date was Friday, March 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company 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.