Regatta Capital Group LLC Lowers Stock Holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Regatta Capital Group LLC cut its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 29.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 23,692 shares of the investment management company’s stock after selling 9,748 shares during the quarter. Regatta Capital Group LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $360,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in GBAB. Raymond James & Associates increased its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.4% in the 3rd quarter. Raymond James & Associates now owns 183,112 shares of the investment management company’s stock worth $3,219,000 after acquiring an additional 5,957 shares in the last quarter. Fiera Capital Corp grew its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.9% in the third quarter. Fiera Capital Corp now owns 113,402 shares of the investment management company’s stock valued at $1,994,000 after purchasing an additional 4,249 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 4.1% during the third quarter. Farther Finance Advisors LLC now owns 95,092 shares of the investment management company’s stock worth $1,672,000 after purchasing an additional 3,768 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 7.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 85,149 shares of the investment management company’s stock worth $1,294,000 after purchasing an additional 5,598 shares during the last quarter. Finally, Xcel Wealth Management LLC raised its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 6.6% during the 3rd quarter. Xcel Wealth Management LLC now owns 71,521 shares of the investment management company’s stock worth $1,257,000 after purchasing an additional 4,450 shares during the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Down 0.3 %

GBAB stock opened at $15.38 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12-month low of $14.85 and a 12-month high of $18.52. The business’s 50-day moving average is $15.53 and its 200 day moving average is $16.53.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a $0.1257 dividend. This represents a $1.51 annualized dividend and a dividend yield of 9.81%. The ex-dividend date is Wednesday, January 15th.

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.