Guggenheim Active Allocation Fund (NYSE:GUG) Declares Monthly Dividend of $0.12

Guggenheim Active Allocation Fund (NYSE:GUG) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be given a dividend of 0.1188 per share on Friday, November 28th. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date is Friday, November 14th.

Guggenheim Active Allocation Fund Stock Performance

Shares of NYSE GUG opened at $15.60 on Tuesday. The stock’s 50-day simple moving average is $15.83 and its two-hundred day simple moving average is $15.49. Guggenheim Active Allocation Fund has a twelve month low of $13.90 and a twelve month high of $16.50.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of GUG. Bank of America Corp DE raised its stake in Guggenheim Active Allocation Fund by 49.7% in the second quarter. Bank of America Corp DE now owns 920,711 shares of the company’s stock valued at $14,400,000 after purchasing an additional 305,677 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Guggenheim Active Allocation Fund by 12.7% in the 2nd quarter. Advisors Asset Management Inc. now owns 799,036 shares of the company’s stock worth $12,497,000 after buying an additional 90,126 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of Guggenheim Active Allocation Fund by 2.0% during the 2nd quarter. Baird Financial Group Inc. now owns 781,143 shares of the company’s stock valued at $12,217,000 after buying an additional 15,019 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Guggenheim Active Allocation Fund by 9.7% during the 2nd quarter. Raymond James Financial Inc. now owns 650,002 shares of the company’s stock worth $10,166,000 after acquiring an additional 57,434 shares during the last quarter. Finally, Royal Bank of Canada grew its position in Guggenheim Active Allocation Fund by 12.0% in the first quarter. Royal Bank of Canada now owns 517,900 shares of the company’s stock worth $7,805,000 after acquiring an additional 55,628 shares in the last quarter.