Meridian Investment Counsel Inc. Has $630,000 Stock Holdings in BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Meridian Investment Counsel Inc. trimmed its position in shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 4.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,334 shares of the investment management company’s stock after selling 1,800 shares during the period. Meridian Investment Counsel Inc.’s holdings in BlackRock Taxable Municipal Bond Trust were worth $630,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of BBN. Intellectus Partners LLC lifted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 12.1% during the 3rd quarter. Intellectus Partners LLC now owns 199,919 shares of the investment management company’s stock valued at $3,563,000 after buying an additional 21,603 shares during the last quarter. Eagle Bluffs Wealth Management LLC raised its position in BlackRock Taxable Municipal Bond Trust by 3.7% during the third quarter. Eagle Bluffs Wealth Management LLC now owns 1,404,321 shares of the investment management company’s stock valued at $25,025,000 after acquiring an additional 50,264 shares in the last quarter. Primoris Wealth Advisors LLC bought a new stake in BlackRock Taxable Municipal Bond Trust in the third quarter worth approximately $1,693,000. Fiera Capital Corp increased its stake in shares of BlackRock Taxable Municipal Bond Trust by 7.2% during the 3rd quarter. Fiera Capital Corp now owns 129,569 shares of the investment management company’s stock worth $2,309,000 after purchasing an additional 8,695 shares during the last quarter. Finally, Focused Wealth Management Inc lifted its stake in shares of BlackRock Taxable Municipal Bond Trust by 2.3% in the 3rd quarter. Focused Wealth Management Inc now owns 578,650 shares of the investment management company’s stock valued at $10,312,000 after purchasing an additional 13,076 shares during the last quarter.

BlackRock Taxable Municipal Bond Trust Price Performance

BlackRock Taxable Municipal Bond Trust stock opened at $16.06 on Friday. BlackRock Taxable Municipal Bond Trust has a one year low of $15.39 and a one year high of $18.42. The company’s fifty day moving average price is $17.28 and its two-hundred day moving average price is $16.78.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.0929 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.11 annualized dividend and a yield of 6.94%.

BlackRock Taxable Municipal Bond Trust Company Profile

BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in taxable municipal securities, which include Build America Bonds.