Ashton Thomas Securities LLC Cuts Position in BlackRock Taxable Municipal Bond Trust $BBN

Ashton Thomas Securities LLC decreased its position in shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 33.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,100 shares of the investment management company’s stock after selling 6,000 shares during the period. Ashton Thomas Securities LLC’s holdings in BlackRock Taxable Municipal Bond Trust were worth $195,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in BBN. Caitlin John LLC increased its position in shares of 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 valued at $662,000 after purchasing an additional 1,247 shares during the last quarter. Riverbridge Partners LLC boosted its stake in BlackRock Taxable Municipal Bond Trust by 2.6% in the second quarter. Riverbridge Partners LLC now owns 50,194 shares of the investment management company’s stock worth $809,000 after buying an additional 1,252 shares in the last quarter. Cetera Investment Advisers grew its position in BlackRock Taxable Municipal Bond Trust by 6.0% during the first quarter. Cetera Investment Advisers now owns 29,077 shares of the investment management company’s stock valued at $485,000 after acquiring an additional 1,642 shares during the last quarter. Noble Wealth Management PBC raised its stake in shares of BlackRock Taxable Municipal Bond Trust by 4.1% during the first quarter. Noble Wealth Management PBC now owns 50,492 shares of the investment management company’s stock worth $842,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Natural Investments LLC raised its stake in shares of BlackRock Taxable Municipal Bond Trust by 7.1% during the first quarter. Natural Investments LLC now owns 45,812 shares of the investment management company’s stock worth $764,000 after acquiring an additional 3,042 shares in the last quarter.

BlackRock Taxable Municipal Bond Trust Stock Down 0.3%

Shares of BlackRock Taxable Municipal Bond Trust stock opened at $16.58 on Friday. BlackRock Taxable Municipal Bond Trust has a 52-week low of $15.37 and a 52-week high of $17.47. The company has a fifty day moving average of $16.37 and a 200-day moving average of $16.10.

BlackRock Taxable Municipal Bond Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be given a $0.0986 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Wednesday, October 15th.

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.