Cetera Investment Advisers bought a new stake in shares of Blackrock Taxable Municipal Bond Trust (NYSE:BBN) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 17,715 shares of the investment management company’s stock, valued at approximately $404,000.

Several other large investors also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. lifted its position in shares of Blackrock Taxable Municipal Bond Trust by 0.7% during the 1st quarter. Oppenheimer & Co. Inc. now owns 9,567 shares of the investment management company’s stock valued at $214,000 after acquiring an additional 66 shares during the period. IFC Holdings Incorporated FL lifted its position in shares of Blackrock Taxable Municipal Bond Trust by 0.3% during the 2nd quarter. IFC Holdings Incorporated FL now owns 31,414 shares of the investment management company’s stock worth $712,000 after buying an additional 101 shares during the last quarter. Peregrine Asset Advisers Inc. lifted its position in shares of Blackrock Taxable Municipal Bond Trust by 0.3% during the 2nd quarter. Peregrine Asset Advisers Inc. now owns 37,514 shares of the investment management company’s stock worth $859,000 after buying an additional 110 shares during the last quarter. Hollencrest Securities LLC lifted its position in shares of Blackrock Taxable Municipal Bond Trust by 0.5% during the 2nd quarter. Hollencrest Securities LLC now owns 27,231 shares of the investment management company’s stock worth $624,000 after buying an additional 140 shares during the last quarter. Finally, Intellectus Partners LLC lifted its position in shares of Blackrock Taxable Municipal Bond Trust by 0.3% during the 2nd quarter. Intellectus Partners LLC now owns 70,236 shares of the investment management company’s stock worth $1,609,000 after buying an additional 208 shares during the last quarter.

Shares of Blackrock Taxable Municipal Bond Trust (NYSE:BBN) traded down 0.217% during mid-day trading on Friday, hitting $23.469. The company had a trading volume of 8,418 shares. Blackrock Taxable Municipal Bond Trust has a one year low of $19.50 and a one year high of $23.96. The company’s 50-day moving average is $23.60 and its 200 day moving average is $23.15.

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th will be paid a dividend of $0.1318 per share. This represents a $1.58 annualized dividend and a yield of 6.72%. The ex-dividend date of this dividend is Friday, October 13th.

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Blackrock Taxable Municipal Bond Trust Company 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.

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

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