Trust Co. of Toledo NA OH Takes $52,000 Position in BlackRock Taxable Municipal Bond Trust $BBN

Trust Co. of Toledo NA OH acquired a new stake in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 3,221 shares of the investment management company’s stock, valued at approximately $52,000.

Other large investors have also bought and sold shares of the company. Capital Investment Advisory Services LLC bought a new stake in BlackRock Taxable Municipal Bond Trust during the 1st quarter worth approximately $175,000. Avantax Advisory Services Inc. grew its position in BlackRock Taxable Municipal Bond Trust by 30.2% during the 1st quarter. Avantax Advisory Services Inc. now owns 17,480 shares of the investment management company’s stock worth $292,000 after acquiring an additional 4,050 shares during the last quarter. Cetera Investment Advisers grew its position in BlackRock Taxable Municipal Bond Trust by 6.0% during the 1st quarter. Cetera Investment Advisers now owns 29,077 shares of the investment management company’s stock worth $485,000 after acquiring an additional 1,642 shares during the last quarter. Caitlin John LLC grew its position in BlackRock Taxable Municipal Bond Trust by 3.2% during the 1st quarter. Caitlin John LLC now owns 39,680 shares of the investment management company’s stock worth $662,000 after acquiring an additional 1,247 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in BlackRock Taxable Municipal Bond Trust by 10.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 41,212 shares of the investment management company’s stock worth $687,000 after acquiring an additional 3,981 shares during the last quarter.

BlackRock Taxable Municipal Bond Trust Stock Performance

NYSE BBN opened at $16.72 on Tuesday. BlackRock Taxable Municipal Bond Trust has a one year low of $15.37 and a one year high of $17.24. The stock’s 50 day simple moving average is $16.43 and its 200 day simple moving average is $16.10.

BlackRock Taxable Municipal Bond Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be issued a dividend of $0.0986 per share. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 7.1%.

BlackRock Taxable Municipal Bond Trust Company Profile

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.