Guggenheim Active Allocation Fund (NYSE:GUG) Announces Dividend Increase – $0.12 Per Share

Guggenheim Active Allocation Fund (NYSE:GUGGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Monday, April 15th will be given a dividend of 0.119 per share on Tuesday, April 30th. This represents a $1.43 dividend on an annualized basis and a yield of 9.80%. The ex-dividend date is Friday, April 12th. This is a positive change from Guggenheim Active Allocation Fund’s previous monthly dividend of $0.12.

Guggenheim Active Allocation Fund Stock Up 0.1 %

NYSE:GUG traded up $0.01 during trading hours on Wednesday, hitting $14.57. The stock had a trading volume of 24,270 shares, compared to its average volume of 101,565. Guggenheim Active Allocation Fund has a 1-year low of $12.71 and a 1-year high of $15.06. The firm has a 50 day simple moving average of $14.61.

Institutional Trading of Guggenheim Active Allocation Fund

Large investors have recently bought and sold shares of the company. Baird Financial Group Inc. boosted its stake in shares of Guggenheim Active Allocation Fund by 100.3% during the 4th quarter. Baird Financial Group Inc. now owns 413,797 shares of the company’s stock valued at $6,066,000 after buying an additional 207,221 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Guggenheim Active Allocation Fund by 1,500.6% during the 4th quarter. Royal Bank of Canada now owns 1,324,730 shares of the company’s stock valued at $19,420,000 after buying an additional 1,241,964 shares during the last quarter. Pathstone Holdings LLC purchased a new position in shares of Guggenheim Active Allocation Fund during the 4th quarter valued at approximately $2,177,000. LM Advisors LLC bought a new position in Guggenheim Active Allocation Fund during the fourth quarter worth $144,000. Finally, Nomura Holdings Inc. bought a new position in Guggenheim Active Allocation Fund during the fourth quarter worth $247,000.

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