55,419 Shares in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 55,419 shares of the investment management company’s stock, valued at approximately $842,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Palacios Wealth Management LLC purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the fourth quarter worth $163,000. Virtu Financial LLC purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the third quarter worth $240,000. International Assets Investment Management LLC increased its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 1,658.0% in the third quarter. International Assets Investment Management LLC now owns 17,580 shares of the investment management company’s stock worth $3,090,000 after purchasing an additional 16,580 shares during the period. Private Advisor Group LLC increased its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.3% in the third quarter. Private Advisor Group LLC now owns 25,927 shares of the investment management company’s stock worth $456,000 after purchasing an additional 2,418 shares during the period. Finally, Invictus Private Wealth LLC increased its stake in shares of 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 buying an additional 658 shares during the period.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock opened at $15.59 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $14.85 and a 12 month high of $18.52. The stock’s fifty day moving average price is $15.45 and its 200-day moving average price is $16.42.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.1257 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.51 annualized dividend and a dividend yield of 9.68%.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

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.