Savvy Advisors Inc. Sells 2,986 Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $GBAB

Savvy Advisors Inc. reduced its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 3.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 93,881 shares of the investment management company’s stock after selling 2,986 shares during the quarter. Savvy Advisors Inc.’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $1,412,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Spire Wealth Management grew its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 1,739.1% in the 1st quarter. Spire Wealth Management now owns 2,115 shares of the investment management company’s stock worth $33,000 after acquiring an additional 2,000 shares in the last quarter. Elequin Capital LP lifted its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 966.9% during the first quarter. Elequin Capital LP now owns 6,636 shares of the investment management company’s stock valued at $103,000 after purchasing an additional 6,014 shares in the last quarter. Belpointe Asset Management LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter worth about $151,000. Stratos Wealth Partners LTD. grew its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.4% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 12,911 shares of the investment management company’s stock worth $194,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Beam Wealth Advisors Inc. purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 1st quarter valued at about $202,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock opened at $15.71 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $14.35 and a 52 week high of $16.76. The company’s 50 day moving average price is $15.53 and its two-hundred day moving average price is $15.19.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be issued a dividend of $0.1257 per share. This represents a c) dividend on an annualized basis and a yield of 9.6%. The ex-dividend date is Wednesday, October 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Profile

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States.