Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Short Interest Update

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 26,300 shares, a decline of 60.9% from the December 31st total of 67,200 shares. Based on an average daily trading volume, of 144,500 shares, the days-to-cover ratio is presently 0.2 days.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

NYSE GBAB traded down $0.04 during trading hours on Friday, hitting $15.61. 97,051 shares of the company’s stock traded hands, compared to its average volume of 103,653. The business’s fifty day moving average price is $15.52 and its two-hundred day moving average price is $16.52. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $14.85 and a 52 week high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.1257 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.51 annualized dividend and a yield of 9.67%.

Institutional Trading of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Several large investors have recently added to or reduced their stakes in the business. Invictus Private Wealth LLC lifted its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 2.5% during the third quarter. Invictus Private Wealth LLC now owns 26,762 shares of the investment management company’s stock valued at $470,000 after purchasing an additional 658 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.3% during the third quarter. Private Advisor Group LLC now owns 25,927 shares of the investment management company’s stock valued at $456,000 after purchasing an additional 2,418 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.6% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 36,627 shares of the investment management company’s stock valued at $557,000 after purchasing an additional 2,916 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 4.1% during the third quarter. Farther Finance Advisors LLC now owns 95,092 shares of the investment management company’s stock valued at $1,672,000 after purchasing an additional 3,768 shares in the last quarter. Finally, Fiera Capital Corp lifted its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.9% during the third quarter. Fiera Capital Corp now owns 113,402 shares of the investment management company’s stock valued at $1,994,000 after purchasing an additional 4,249 shares in the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company 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.