Guggenheim Strategic Opportunities Fund (NYSE:GOF – Get Free Report) shares passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $8.88 and traded as high as $9.02. Guggenheim Strategic Opportunities Fund shares last traded at $8.9540, with a volume of 2,377,039 shares traded.
Guggenheim Strategic Opportunities Fund Trading Up 1.9%
The business has a 50-day moving average price of $8.88 and a 200-day moving average price of $10.69.
Guggenheim Strategic Opportunities Fund Dividend Announcement
The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Investors of record on Thursday, October 15th were given a $0.1821 dividend. This represents a $2.19 annualized dividend and a dividend yield of 24.4%. The ex-dividend date was Thursday, October 15th.
Institutional Investors Weigh In On Guggenheim Strategic Opportunities Fund
A number of institutional investors have recently bought and sold shares of the business. Allied Private Wealth LLC purchased a new position in shares of Guggenheim Strategic Opportunities Fund during the 2nd quarter valued at $43,000. IFP Advisors Inc boosted its position in Guggenheim Strategic Opportunities Fund by 228.4% during the second quarter. IFP Advisors Inc now owns 4,414 shares of the investment management company’s stock valued at $48,000 after purchasing an additional 3,070 shares during the last quarter. Tactive Advisors LLC purchased a new position in Guggenheim Strategic Opportunities Fund in the third quarter valued at about $93,000. Sunbelt Securities Inc. grew its stake in Guggenheim Strategic Opportunities Fund by 81.1% in the first quarter. Sunbelt Securities Inc. now owns 10,068 shares of the investment management company’s stock valued at $111,000 after purchasing an additional 4,509 shares in the last quarter. Finally, Triumph Capital Management increased its position in Guggenheim Strategic Opportunities Fund by 61.5% in the 3rd quarter. Triumph Capital Management now owns 13,625 shares of the investment management company’s stock worth $116,000 after purchasing an additional 5,190 shares during the last quarter.
About Guggenheim Strategic Opportunities Fund
Guggenheim Strategic Opportunities Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol GOF. The fund seeks to provide total return through a combination of current income and capital appreciation by investing in a diversified portfolio of fixed-income and equity securities.
The fund may invest across a range of credit and income-producing assets, including corporate debt, securitized debt, government and agency securities, bank loans, preferred securities and other income-oriented investments.
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