BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Shares Bought by Eagle Bluffs Wealth Management LLC

Eagle Bluffs Wealth Management LLC grew its position in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 22.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,722,370 shares of the investment management company’s stock after buying an additional 318,049 shares during the period. BlackRock Taxable Municipal Bond Trust makes up 14.9% of Eagle Bluffs Wealth Management LLC’s portfolio, making the stock its largest position. Eagle Bluffs Wealth Management LLC’s holdings in BlackRock Taxable Municipal Bond Trust were worth $27,765,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ibex Wealth Advisors acquired a new position in shares of BlackRock Taxable Municipal Bond Trust in the 4th quarter valued at $474,000. Apexium Financial LP acquired a new position in BlackRock Taxable Municipal Bond Trust in the 4th quarter worth $1,209,000. Riverbridge Partners LLC boosted its stake in BlackRock Taxable Municipal Bond Trust by 26.5% in the 4th quarter. Riverbridge Partners LLC now owns 43,243 shares of the investment management company’s stock worth $697,000 after purchasing an additional 9,052 shares during the period. Janney Montgomery Scott LLC boosted its stake in BlackRock Taxable Municipal Bond Trust by 9.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 37,231 shares of the investment management company’s stock worth $600,000 after purchasing an additional 3,199 shares during the period. Finally, Transform Wealth LLC acquired a new position in BlackRock Taxable Municipal Bond Trust in the 4th quarter worth $563,000.

BlackRock Taxable Municipal Bond Trust Stock Up 0.1 %

Shares of NYSE BBN opened at $16.52 on Friday. BlackRock Taxable Municipal Bond Trust has a 1-year low of $15.39 and a 1-year high of $18.42. The company has a fifty day moving average price of $16.43 and a 200 day moving average price of $16.94.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were paid a $0.0929 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 6.75%. The ex-dividend date was Wednesday, January 15th.

BlackRock Taxable Municipal Bond Trust Company 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.