Carlton Hofferkamp & Jenks Wealth Management LLC Cuts Stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Carlton Hofferkamp & Jenks Wealth Management LLC lowered its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 8.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,464 shares of the investment management company’s stock after selling 998 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $166,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in GBAB. Wolverine Asset Management LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the fourth quarter valued at $842,000. Whipplewood Advisors LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the fourth quarter valued at about $838,000. Oppenheimer & Co. Inc. purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the third quarter valued at about $613,000. Virtu Financial LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the third quarter valued at about $240,000. Finally, Noble Wealth Management PBC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the fourth quarter valued at about $176,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 0.2 %

GBAB opened at $15.89 on Tuesday. The business’s 50-day moving average is $15.53 and its two-hundred day moving average is $16.34. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $14.85 and a 1 year high of $18.53.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.1257 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.51 annualized dividend and a yield of 9.50%.

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.