Allen Li Acquires 1,000 Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Stock

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Portfolio Manager Allen Li acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was purchased at an average price of $13.59 per share, with a total value of $13,590.00. Following the purchase, the portfolio manager owned 1,000 shares in the company, valued at approximately $13,590. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

Shares of NYSE GBAB traded up $0.06 during midday trading on Wednesday, reaching $13.60. The company’s stock had a trading volume of 26,967 shares, compared to its average volume of 95,566. The firm has a 50 day moving average price of $13.95 and a 200-day moving average price of $14.28. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12-month low of $13.51 and a 12-month high of $15.94.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.1257 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 11.1%.

Institutional Trading of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Large investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC bought a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the third quarter worth about $35,000. Kestra Advisory Services LLC purchased a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 4th quarter worth approximately $90,000. Invictus Private Wealth LLC raised its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 14.9% in the 4th quarter. Invictus Private Wealth LLC now owns 12,506 shares of the investment management company’s stock worth $187,000 after purchasing an additional 1,624 shares during the period. Jane Street Group LLC bought a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter worth approximately $189,000. Finally, Integrity Wealth Partners LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the first quarter valued at approximately $254,000.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE: GBAB) is a closed-end management investment company organized as a statutory trust. The trust’s shares trade on the New York Stock Exchange, offering investors access to a diversified portfolio of taxable municipal securities and high-quality corporate debt instruments. As an externally managed vehicle, GBAB provides market participants with a convenient way to seek income and potential capital appreciation through a single exchange-listed security.

The fund’s primary investment strategy focuses on taxable municipal bonds issued by state and local governments across the United States.