Guggenheim Taxabl Mncpl Mngd Drtn Trst (GBAB) Stake Lessened by Whittier Trust Co.

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Whittier Trust Co. reduced its position in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) by 65.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,146 shares of the investment management company’s stock after selling 53,040 shares during the period. Whittier Trust Co.’s holdings in Guggenheim Taxabl Mncpl Mngd Drtn Trst were worth $617,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in GBAB. Benjamin F. Edwards & Company Inc. lifted its position in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst by 15.4% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 3,750 shares of the investment management company’s stock worth $82,000 after purchasing an additional 500 shares during the last quarter. Cohen & Steers Inc. lifted its position in Guggenheim Taxabl Mncpl Mngd Drtn Trst by 51.5% in the third quarter. Cohen & Steers Inc. now owns 14,301 shares of the investment management company’s stock valued at $303,000 after acquiring an additional 4,860 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in Guggenheim Taxabl Mncpl Mngd Drtn Trst in the third quarter valued at $397,000. Wells Fargo & Company MN lifted its position in Guggenheim Taxabl Mncpl Mngd Drtn Trst by 6.0% in the third quarter. Wells Fargo & Company MN now owns 204,216 shares of the investment management company’s stock valued at $4,333,000 after acquiring an additional 11,472 shares during the last quarter. Finally, Morgan Stanley lifted its position in Guggenheim Taxabl Mncpl Mngd Drtn Trst by 14.6% in the third quarter. Morgan Stanley now owns 736,042 shares of the investment management company’s stock valued at $15,619,000 after acquiring an additional 93,628 shares during the last quarter.

GBAB traded down $0.10 on Thursday, reaching $22.57. The company had a trading volume of 17,247 shares, compared to its average volume of 44,850. Guggenheim Taxabl Mncpl Mngd Drtn Trst has a 1 year low of $19.91 and a 1 year high of $22.96.

The business also recently declared a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Friday, February 15th will be given a $0.1257 dividend. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $1.51 dividend on an annualized basis and a yield of 6.68%.

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Guggenheim Taxabl Mncpl Mngd Drtn Trst Profile

Guggenheim Taxable Municipal Managed Duration 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.

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Institutional Ownership by Quarter for Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB)

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