Integrity Wealth Partners LLC Makes New $717,000 Investment in BlackRock Taxable Municipal Bond Trust $BBN

Integrity Wealth Partners LLC bought a new stake in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 44,345 shares of the investment management company’s stock, valued at approximately $717,000.

A number of other hedge funds also recently added to or reduced their stakes in BBN. Garton & Associates Financial Advisors LLC acquired a new stake in shares of BlackRock Taxable Municipal Bond Trust during the 4th quarter valued at approximately $36,000. Farther Finance Advisors LLC grew its holdings in shares of BlackRock Taxable Municipal Bond Trust by 99.2% in the 4th quarter. Farther Finance Advisors LLC now owns 6,276 shares of the investment management company’s stock worth $102,000 after acquiring an additional 3,126 shares during the period. Commons Capital LLC acquired a new stake in shares of BlackRock Taxable Municipal Bond Trust in the 4th quarter worth approximately $165,000. Millennium Management LLC purchased a new position in BlackRock Taxable Municipal Bond Trust in the 4th quarter valued at approximately $212,000. Finally, Advisory Services Network LLC increased its stake in BlackRock Taxable Municipal Bond Trust by 12.1% in the 3rd quarter. Advisory Services Network LLC now owns 13,000 shares of the investment management company’s stock valued at $216,000 after purchasing an additional 1,400 shares in the last quarter.

BlackRock Taxable Municipal Bond Trust Stock Up 0.1%

Shares of BBN stock opened at $16.04 on Friday. The stock has a fifty day moving average price of $15.99 and a 200 day moving average price of $16.21. BlackRock Taxable Municipal Bond Trust has a 1 year low of $15.47 and a 1 year high of $17.45.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.0986 per share. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Tuesday, September 15th.

About BlackRock Taxable Municipal Bond Trust

The BlackRock Taxable Municipal Bond Trust (NYSE:BBN) is a closed-end management investment company that seeks to provide current income and preservation of capital through a diversified portfolio of taxable municipal debt securities. Advisement and portfolio management services are provided by BlackRock Advisors, LLC, leveraging the firm’s global credit research and trading capabilities to analyze risk and identify opportunities within the municipal bond sector.

Since its inception in 1989, BBN has invested primarily in investment-grade and non-investment-grade municipal obligations issued by U.S.