Guggenheim Active Allocation Fund (GUG) To Go Ex-Dividend on April 12th

Guggenheim Active Allocation Fund (NYSE:GUG) announced a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Monday, April 15th will be paid a dividend of 0.119 per share on Tuesday, April 30th. This represents a $1.43 annualized dividend and a yield of 9.81%. The ex-dividend date is Friday, April 12th. This is a boost from Guggenheim Active Allocation Fund’s previous monthly dividend of $0.12.

Guggenheim Active Allocation Fund Stock Performance

Shares of NYSE:GUG opened at $14.56 on Wednesday. The stock’s 50-day simple moving average is $14.61. Guggenheim Active Allocation Fund has a 1 year low of $12.71 and a 1 year high of $15.06.

Hedge Funds Weigh In On Guggenheim Active Allocation Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. LM Advisors LLC purchased a new stake in shares of Guggenheim Active Allocation Fund during the fourth quarter worth approximately $144,000. Nomura Holdings Inc. purchased a new position in Guggenheim Active Allocation Fund in the fourth quarter worth $247,000. Stifel Financial Corp raised its position in Guggenheim Active Allocation Fund by 38.2% in the fourth quarter. Stifel Financial Corp now owns 36,267 shares of the company’s stock worth $532,000 after acquiring an additional 10,031 shares in the last quarter. Pathstone Holdings LLC purchased a new position in Guggenheim Active Allocation Fund in the fourth quarter worth $2,177,000. Finally, Baird Financial Group Inc. grew its holdings in Guggenheim Active Allocation Fund by 100.3% in the fourth quarter. Baird Financial Group Inc. now owns 413,797 shares of the company’s stock valued at $6,066,000 after purchasing an additional 207,221 shares during the last quarter.