Guggenheim Active Allocation Fund (GUG) to Issue Monthly Dividend of $0.12 on November 28th

Guggenheim Active Allocation Fund (NYSE:GUGGet Free Report) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be paid a dividend of 0.1188 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend is Friday, November 14th.

Guggenheim Active Allocation Fund Stock Performance

NYSE:GUG traded up $0.04 during mid-day trading on Wednesday, hitting $15.66. 1,959 shares of the company traded hands, compared to its average volume of 81,779. The stock’s fifty day moving average price is $15.79 and its 200-day moving average price is $15.52. Guggenheim Active Allocation Fund has a one year low of $13.90 and a one year high of $16.50.

Institutional Investors Weigh In On Guggenheim Active Allocation Fund

Several large investors have recently made changes to their positions in GUG. Geneos Wealth Management Inc. increased its stake in Guggenheim Active Allocation Fund by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $47,000 after acquiring an additional 1,500 shares during the last quarter. Elequin Capital LP purchased a new position in shares of Guggenheim Active Allocation Fund in the first quarter valued at $66,000. JPMorgan Chase & Co. increased its position in Guggenheim Active Allocation Fund by 845.3% in the second quarter. JPMorgan Chase & Co. now owns 5,199 shares of the company’s stock worth $81,000 after purchasing an additional 4,649 shares during the last quarter. Orion Porfolio Solutions LLC purchased a new stake in Guggenheim Active Allocation Fund during the second quarter valued at $179,000. Finally, MGB Wealth Management LLC lifted its position in Guggenheim Active Allocation Fund by 45.7% during the third quarter. MGB Wealth Management LLC now owns 15,908 shares of the company’s stock valued at $248,000 after purchasing an additional 4,987 shares during the last quarter.

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Dividend History for Guggenheim Active Allocation Fund (NYSE:GUG)

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