Guggenheim Active Allocation Fund (NYSE:GUG) Stock Price Down 0.5% – Here’s What Happened

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

Guggenheim Active Allocation Fund Stock Up 0.4 %

The company’s fifty day moving average price is $15.50 and its two-hundred day moving average price is $15.63.

Guggenheim Active Allocation Fund Dividend Announcement

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

Institutional Investors Weigh In On Guggenheim Active Allocation Fund

A number of institutional investors and hedge funds have recently modified their holdings of GUG. Kovitz Investment Group Partners LLC purchased a new stake in Guggenheim Active Allocation Fund in the 3rd quarter valued at approximately $1,130,000. Rockefeller Capital Management L.P. purchased a new stake in shares of Guggenheim Active Allocation Fund in the third quarter valued at $539,000. Kingsview Wealth Management LLC lifted its position in shares of Guggenheim Active Allocation Fund by 3.4% in the third quarter. Kingsview Wealth Management LLC now owns 19,860 shares of the company’s stock valued at $329,000 after acquiring an additional 649 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in shares of Guggenheim Active Allocation Fund during the third quarter valued at $4,951,000. Finally, Advisors Asset Management Inc. increased its position in Guggenheim Active Allocation Fund by 27.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 487,071 shares of the company’s stock worth $8,061,000 after purchasing an additional 104,264 shares in the last quarter.