Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Plans Monthly Dividend of $0.13 (NYSE:GBAB)

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) declared a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be given a dividend of 0.1257 per share by the investment management company on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 9.6%. The ex-dividend date of this dividend is Friday, November 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

Shares of NYSE GBAB opened at $15.68 on Tuesday. The company has a 50 day simple moving average of $15.55 and a 200-day simple moving average of $15.21. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $14.35 and a 1 year high of $16.65.

Hedge Funds Weigh In On Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Several hedge funds have recently bought and sold shares of GBAB. Cooper Financial Group boosted its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.6% in the 3rd quarter. Cooper Financial Group now owns 139,520 shares of the investment management company’s stock valued at $2,174,000 after buying an additional 11,062 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter worth $549,000. Jane Street Group LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the second quarter valued at $189,000. StoneX Group Inc. raised its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 0.5% in the second quarter. StoneX Group Inc. now owns 138,843 shares of the investment management company’s stock valued at $2,088,000 after buying an additional 752 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 17.9% during the 2nd quarter. Invesco Ltd. now owns 229,223 shares of the investment management company’s stock worth $3,448,000 after acquiring an additional 34,845 shares in the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company 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.