BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Shares Sold by IHT Wealth Management LLC

IHT Wealth Management LLC cut its stake in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 8.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,146 shares of the investment management company’s stock after selling 2,311 shares during the quarter. IHT Wealth Management LLC’s holdings in BlackRock Taxable Municipal Bond Trust were worth $466,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Fairscale Capital LLC acquired a new stake in BlackRock Taxable Municipal Bond Trust during the second quarter worth about $31,000. Larson Financial Group LLC increased its holdings in shares of BlackRock Taxable Municipal Bond Trust by 246.7% during the 3rd quarter. Larson Financial Group LLC now owns 2,080 shares of the investment management company’s stock worth $37,000 after buying an additional 1,480 shares during the last quarter. Eastern Bank purchased a new stake in shares of BlackRock Taxable Municipal Bond Trust during the 3rd quarter valued at approximately $53,000. Miracle Mile Advisors LLC acquired a new position in BlackRock Taxable Municipal Bond Trust in the third quarter valued at approximately $178,000. Finally, Concurrent Investment Advisors LLC purchased a new position in BlackRock Taxable Municipal Bond Trust in the second quarter worth approximately $230,000.

BlackRock Taxable Municipal Bond Trust Stock Performance

NYSE:BBN opened at $17.17 on Monday. BlackRock Taxable Municipal Bond Trust has a 52 week low of $15.39 and a 52 week high of $18.42. The stock’s fifty day moving average is $16.85 and its two-hundred day moving average is $16.90.

BlackRock Taxable Municipal Bond Trust Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a $0.0929 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.11 annualized dividend and a yield of 6.49%.

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.