Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Stake Decreased by JBR Co Financial Management Inc

JBR Co Financial Management Inc lessened its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 8.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,497 shares of the investment management company’s stock after selling 3,020 shares during the period. JBR Co Financial Management Inc’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $494,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in GBAB. Wolverine Asset Management LLC bought a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the fourth quarter worth approximately $842,000. Palacios Wealth Management LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 4th quarter worth approximately $163,000. Dynamic Advisor Solutions LLC grew its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 36,627 shares of the investment management company’s stock worth $557,000 after purchasing an additional 2,916 shares in the last quarter. Janney Montgomery Scott LLC grew its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 7.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 85,149 shares of the investment management company’s stock worth $1,294,000 after purchasing an additional 5,598 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 3rd quarter worth approximately $240,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 0.3 %

NYSE GBAB opened at $15.59 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a twelve month low of $14.85 and a twelve month high of $18.52. The firm’s 50 day moving average price is $15.45 and its two-hundred day moving average price is $16.42.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.1257 per share. This represents a $1.51 annualized dividend and a yield of 9.68%. The ex-dividend date is Friday, February 14th.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

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.