Stratos Wealth Partners LTD. lowered its holdings in shares of Blackrock Taxable Municipal Bond Trust (NYSE:BBN) by 15.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,017 shares of the investment management company’s stock after selling 3,610 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Blackrock Taxable Municipal Bond Trust were worth $468,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Susquehanna International Group LLP purchased a new position in Blackrock Taxable Municipal Bond Trust during the 2nd quarter valued at $281,000. Schnieders Capital Management LLC boosted its holdings in Blackrock Taxable Municipal Bond Trust by 12.4% during the 2nd quarter. Schnieders Capital Management LLC now owns 15,850 shares of the investment management company’s stock valued at $363,000 after acquiring an additional 1,750 shares during the period. Good Life Advisors LLC boosted its holdings in Blackrock Taxable Municipal Bond Trust by 3.2% during the 2nd quarter. Good Life Advisors LLC now owns 15,455 shares of the investment management company’s stock valued at $354,000 after acquiring an additional 480 shares during the period. FinTrust Investment Advisory Services LLC purchased a new position in Blackrock Taxable Municipal Bond Trust during the 3rd quarter valued at $353,000. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new position in Blackrock Taxable Municipal Bond Trust during the 2nd quarter valued at $300,000.

Blackrock Taxable Municipal Bond Trust (BBN) opened at $23.09 on Friday. Blackrock Taxable Municipal Bond Trust has a 1-year low of $21.06 and a 1-year high of $23.96.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be issued a dividend of $0.1318 per share. This represents a $1.58 dividend on an annualized basis and a yield of 6.85%. The ex-dividend date of this dividend is Tuesday, November 14th.

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Blackrock Taxable Municipal Bond Trust Profile

BlackRock Taxable Municipal Bond Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to achieve its investment objectives by investing primarily in a portfolio of taxable municipal securities, including Build America Bonds (BABs), issued by state and local governments to finance capital projects, such as public schools, roads, transportation infrastructure, bridges, ports and public buildings.

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Institutional Ownership by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

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