Guggenheim Strategic Opportunities Fund (NYSE:GOF) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Guggenheim Strategic Opportunities Fund (NYSE:GOF) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.50 and traded as low as $15.18. Guggenheim Strategic Opportunities Fund shares last traded at $15.33, with a volume of 1,186,424 shares.

Guggenheim Strategic Opportunities Fund Trading Up 0.1 %

The firm’s fifty day moving average price is $15.60 and its two-hundred day moving average price is $15.51.

Guggenheim Strategic Opportunities Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.1821 per share. This represents a $2.19 dividend on an annualized basis and a yield of 14.25%. The ex-dividend date of this dividend is Wednesday, January 15th.

Hedge Funds Weigh In On Guggenheim Strategic Opportunities Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Retirement Planning Group LLC raised its stake in shares of Guggenheim Strategic Opportunities Fund by 2.0% in the third quarter. Retirement Planning Group LLC now owns 32,275 shares of the investment management company’s stock worth $509,000 after buying an additional 630 shares during the period. Quad Cities Investment Group LLC boosted its stake in Guggenheim Strategic Opportunities Fund by 3.3% during the third quarter. Quad Cities Investment Group LLC now owns 23,312 shares of the investment management company’s stock valued at $367,000 after buying an additional 743 shares during the last quarter. IHT Wealth Management LLC grew its holdings in shares of Guggenheim Strategic Opportunities Fund by 8.7% in the third quarter. IHT Wealth Management LLC now owns 10,873 shares of the investment management company’s stock valued at $171,000 after purchasing an additional 872 shares in the last quarter. Transcendent Capital Group LLC increased its holdings in shares of Guggenheim Strategic Opportunities Fund by 50.0% in the 3rd quarter. Transcendent Capital Group LLC now owns 3,000 shares of the investment management company’s stock worth $47,000 after buying an additional 1,000 shares during the last quarter. Finally, Sigma Planning Corp boosted its stake in Guggenheim Strategic Opportunities Fund by 1.5% during the third quarter. Sigma Planning Corp now owns 76,849 shares of the investment management company’s stock worth $1,211,000 after buying an additional 1,156 shares during the period.

Guggenheim Strategic Opportunities Fund Company Profile

Guggenheim Strategic Opportunities Fund is a closed-ended balanced mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. The fund is co-managed by Guggenheim Partners Investment Management LLC. It invests in public equity and fixed income markets across the globe. For its equity portion, the fund invests directly and through derivatives such as writing covered call and put options to invest in the stocks of companies operating across diversified sectors.