Robinson Capital Management LLC Buys Shares of 2,500 Blackrock Taxable Municipal Bond Trust (BBN)

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Robinson Capital Management LLC bought a new stake in shares of Blackrock Taxable Municipal Bond Trust (NYSE:BBN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,500 shares of the investment management company’s stock, valued at approximately $53,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in shares of Blackrock Taxable Municipal Bond Trust by 2.2% during the 2nd quarter. Bank of America Corp DE now owns 469,954 shares of the investment management company’s stock valued at $10,386,000 after purchasing an additional 10,228 shares during the last quarter. LPL Financial LLC increased its position in shares of Blackrock Taxable Municipal Bond Trust by 21.4% during the 3rd quarter. LPL Financial LLC now owns 167,428 shares of the investment management company’s stock valued at $3,549,000 after purchasing an additional 29,532 shares during the last quarter. Hilltop Holdings Inc. increased its position in shares of Blackrock Taxable Municipal Bond Trust by 95.0% during the 3rd quarter. Hilltop Holdings Inc. now owns 129,207 shares of the investment management company’s stock valued at $2,739,000 after purchasing an additional 62,954 shares during the last quarter. Global Financial Private Capital LLC boosted its holdings in Blackrock Taxable Municipal Bond Trust by 11.3% during the 3rd quarter. Global Financial Private Capital LLC now owns 120,203 shares of the investment management company’s stock valued at $2,548,000 after acquiring an additional 12,200 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in Blackrock Taxable Municipal Bond Trust by 4.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 77,689 shares of the investment management company’s stock valued at $1,647,000 after acquiring an additional 2,998 shares during the period.

BBN opened at $21.34 on Friday. Blackrock Taxable Municipal Bond Trust has a 52-week low of $19.59 and a 52-week high of $22.88.

The company also recently announced a monthly dividend, which was paid on Wednesday, January 9th. Shareholders of record on Monday, December 31st were issued a $0.1188 dividend. This represents a $1.43 annualized dividend and a dividend yield of 6.68%. The ex-dividend date of this dividend was Friday, December 28th.

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Blackrock Taxable Municipal Bond Trust Profile

There is no company description available for BlackRock Taxable Municipal Bond Trust.

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Institutional Ownership by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

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