Virtu Financial LLC Purchases 3,832 Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Virtu Financial LLC grew its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 28.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,497 shares of the investment management company’s stock after buying an additional 3,832 shares during the quarter. Virtu Financial LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $266,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Palacios Wealth Management LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 4th quarter worth about $163,000. Noble Wealth Management PBC bought a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the fourth quarter worth about $176,000. HighTower Advisors LLC boosted its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 21.4% in the fourth quarter. HighTower Advisors LLC now owns 14,384 shares of the investment management company’s stock valued at $219,000 after acquiring an additional 2,534 shares during the last quarter. Dynamic Advisor Solutions LLC grew its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 36,627 shares of the investment management company’s stock valued at $557,000 after acquiring an additional 2,916 shares during the period. Finally, Whipplewood Advisors LLC purchased a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 4th quarter worth approximately $838,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Up 0.3 %

NYSE:GBAB opened at $15.43 on Friday. The firm’s 50 day moving average is $15.60 and its 200 day moving average is $16.07. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $14.85 and a 12 month high of $18.53.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.1257 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 9.78%.

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.