10,431 Shares in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Purchased by Palacios Wealth Management LLC

Palacios Wealth Management LLC acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 10,431 shares of the investment management company’s stock, valued at approximately $163,000.

Several other hedge funds have also recently bought and sold shares of the business. Dynamic Advisor Solutions LLC lifted its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.6% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 36,627 shares of the investment management company’s stock worth $557,000 after acquiring an additional 2,916 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 7.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 85,149 shares of the investment management company’s stock worth $1,294,000 after acquiring an additional 5,598 shares in the last quarter. Virtu Financial LLC purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 3rd quarter worth about $240,000. Oppenheimer & Co. Inc. purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 3rd quarter worth about $613,000. Finally, Fiera Capital Corp lifted its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.9% in the 3rd quarter. Fiera Capital Corp now owns 113,402 shares of the investment management company’s stock worth $1,994,000 after acquiring an additional 4,249 shares in the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock opened at $15.43 on Friday. The stock has a 50-day moving average price of $15.50 and a 200 day moving average price of $16.48. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $14.85 and a 1 year high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.1257 per share. This represents a $1.51 dividend on an annualized basis and a dividend yield of 9.78%. The ex-dividend date of this dividend is Friday, February 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust 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.