Fiera Capital Corp Purchases 8,695 Shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Fiera Capital Corp boosted its position in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 7.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 129,569 shares of the investment management company’s stock after acquiring an additional 8,695 shares during the period. Fiera Capital Corp’s holdings in BlackRock Taxable Municipal Bond Trust were worth $2,309,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brookstone Capital Management bought a new position in BlackRock Taxable Municipal Bond Trust in the second quarter worth approximately $348,000. Wolverine Asset Management LLC lifted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 678.7% in the second quarter. Wolverine Asset Management LLC now owns 30,369 shares of the investment management company’s stock valued at $497,000 after purchasing an additional 26,469 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 50.5% in the second quarter. Envestnet Asset Management Inc. now owns 762,255 shares of the investment management company’s stock valued at $12,463,000 after purchasing an additional 255,824 shares in the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 2.7% in the second quarter. J.W. Cole Advisors Inc. now owns 55,143 shares of the investment management company’s stock valued at $902,000 after purchasing an additional 1,435 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in shares of BlackRock Taxable Municipal Bond Trust by 2.6% in the first quarter. B. Riley Wealth Advisors Inc. now owns 43,308 shares of the investment management company’s stock valued at $657,000 after purchasing an additional 1,090 shares in the last quarter.

BlackRock Taxable Municipal Bond Trust Stock Performance

BBN stock opened at $16.75 on Friday. BlackRock Taxable Municipal Bond Trust has a twelve month low of $15.22 and a twelve month high of $18.42. The stock’s 50 day moving average is $17.42 and its 200-day moving average is $16.76.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders 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 dividend on an annualized basis and a dividend yield of 6.66%.

BlackRock Taxable Municipal Bond Trust 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.