WMG Financial Advisors LLC Sells 4,200 Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

WMG Financial Advisors LLC trimmed its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 21.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,050 shares of the investment management company’s stock after selling 4,200 shares during the quarter. WMG Financial Advisors LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $229,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of 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 approximately $842,000. Whipplewood Advisors LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the fourth quarter valued at approximately $838,000. Oppenheimer & Co. Inc. purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the third quarter valued at approximately $613,000. Virtu Financial LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the third quarter valued at approximately $240,000. Finally, Noble Wealth Management PBC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the fourth quarter valued at approximately $176,000.

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

GBAB stock opened at $15.89 on Tuesday. The firm has a 50 day moving average price of $15.53 and a 200-day moving average price of $16.34. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52-week low of $14.85 and a 52-week high of $18.53.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.1257 per share. The ex-dividend date was Friday, February 14th. This represents a $1.51 annualized dividend and a dividend 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.