Carlton Hofferkamp & Jenks Wealth Management LLC Sells 998 Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Carlton Hofferkamp & Jenks Wealth Management LLC cut its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 8.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,464 shares of the investment management company’s stock after selling 998 shares during the quarter. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $166,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of GBAB. Raymond James & Associates lifted its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.4% in the third quarter. Raymond James & Associates now owns 183,112 shares of the investment management company’s stock worth $3,219,000 after buying an additional 5,957 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.3% during the third quarter. Private Advisor Group LLC now owns 25,927 shares of the investment management company’s stock worth $456,000 after purchasing an additional 2,418 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 4.1% during the third quarter. Farther Finance Advisors LLC now owns 95,092 shares of the investment management company’s stock worth $1,672,000 after purchasing an additional 3,768 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 14.4% during the third quarter. Janney Montgomery Scott LLC now owns 79,551 shares of the investment management company’s stock worth $1,399,000 after purchasing an additional 10,035 shares during the last quarter. Finally, Invictus Private Wealth LLC lifted its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 2.5% during the third quarter. Invictus Private Wealth LLC now owns 26,762 shares of the investment management company’s stock worth $470,000 after purchasing an additional 658 shares during the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 0.2 %

NYSE:GBAB opened at $15.89 on Tuesday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a twelve month low of $14.85 and a twelve month high of $18.53. The stock has a fifty day simple moving average of $15.53 and a 200-day simple moving average of $16.34.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.1257 per share. The ex-dividend date was Friday, February 14th. This represents a $1.51 annualized dividend and a dividend yield of 9.50%.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

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.