Dynamic Advisor Solutions LLC Buys 2,916 Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Dynamic Advisor Solutions LLC raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 8.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,627 shares of the investment management company’s stock after purchasing an additional 2,916 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $557,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the second quarter valued at $189,000. Virtu Financial LLC bought a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 3rd quarter valued at about $240,000. Good Life Advisors LLC increased its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 75.9% during the 3rd quarter. Good Life Advisors LLC now owns 18,530 shares of the investment management company’s stock worth $326,000 after purchasing an additional 7,995 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 40.1% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 22,683 shares of the investment management company’s stock valued at $361,000 after purchasing an additional 6,491 shares during the period. Finally, Private Advisor Group LLC lifted its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.3% in the 3rd quarter. Private Advisor Group LLC now owns 25,927 shares of the investment management company’s stock valued at $456,000 after purchasing an additional 2,418 shares during the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

Shares of NYSE GBAB opened at $15.48 on Tuesday. The business’s 50 day moving average price is $15.53 and its two-hundred day moving average price is $16.54. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a twelve month low of $14.85 and a twelve month high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a $0.1257 dividend. This represents a $1.51 dividend on an annualized basis and a yield of 9.75%. The ex-dividend date is Wednesday, January 15th.

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.