140,304 Shares in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Bought by StoneX Group Inc.

StoneX Group Inc. bought a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 140,304 shares of the investment management company’s stock, valued at approximately $2,133,000.

Several other institutional investors and hedge funds have also recently modified their holdings of GBAB. Palacios Wealth Management LLC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the fourth quarter valued at $163,000. Noble Wealth Management PBC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 4th quarter valued at about $176,000. Virtu Financial LLC purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the third quarter worth approximately $240,000. HighTower Advisors LLC grew its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 21.4% during the fourth quarter. HighTower Advisors LLC now owns 14,384 shares of the investment management company’s stock valued at $219,000 after acquiring an additional 2,534 shares during the last quarter. Finally, Intellus Advisors LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the fourth quarter worth approximately $234,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

Shares of GBAB opened at $15.55 on Wednesday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a fifty-two week low of $14.85 and a fifty-two week high of $18.53. The firm has a 50 day moving average price of $15.60 and a 200-day moving average price of $16.00.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a $0.1257 dividend. This represents a $1.51 annualized dividend and a yield of 9.70%. The ex-dividend date was Friday, March 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust 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.