National Bank of Canada FI Purchases 1,000 Shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

National Bank of Canada FI increased its position in shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 12.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,748 shares of the investment management company’s stock after acquiring an additional 1,000 shares during the quarter. National Bank of Canada FI’s holdings in BlackRock Taxable Municipal Bond Trust were worth $141,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in shares of BlackRock Taxable Municipal Bond Trust during the 3rd quarter valued at $942,000. Virtu Financial LLC acquired a new stake in shares of BlackRock Taxable Municipal Bond Trust during the third quarter worth $335,000. Sanctuary Advisors LLC bought a new stake in BlackRock Taxable Municipal Bond Trust in the third quarter valued at about $239,000. JPMorgan Chase & Co. acquired a new position in BlackRock Taxable Municipal Bond Trust in the third quarter valued at about $274,000. Finally, Integrated Capital Management Inc. boosted its holdings in BlackRock Taxable Municipal Bond Trust by 13.2% during the fourth quarter. Integrated Capital Management Inc. now owns 25,572 shares of the investment management company’s stock worth $412,000 after buying an additional 2,975 shares during the last quarter.

BlackRock Taxable Municipal Bond Trust Stock Performance

BlackRock Taxable Municipal Bond Trust stock opened at $15.69 on Friday. The business has a 50-day moving average of $16.53 and a 200-day moving average of $16.60. BlackRock Taxable Municipal Bond Trust has a 1 year low of $15.37 and a 1 year high of $18.42.

BlackRock Taxable Municipal Bond Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be issued a dividend of $0.0929 per share. This represents a $1.11 dividend on an annualized basis and a yield of 7.11%. The ex-dividend date of this dividend is Tuesday, April 15th.

About BlackRock Taxable Municipal Bond Trust

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.