Guggenheim Active Allocation Fund (GUG) to Issue Monthly Dividend of $0.12 on December 31st

Guggenheim Active Allocation Fund (NYSE:GUG) declared a monthly dividend on Monday, December 1st. Stockholders of record on Monday, December 15th will be paid a dividend of 0.1188 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date of this dividend is Monday, December 15th.

Guggenheim Active Allocation Fund Price Performance

Shares of NYSE:GUG traded up $0.02 during midday trading on Friday, hitting $15.42. The company had a trading volume of 77,362 shares, compared to its average volume of 82,338. Guggenheim Active Allocation Fund has a twelve month low of $13.90 and a twelve month high of $16.50. The business’s 50-day simple moving average is $15.57 and its 200-day simple moving average is $15.54.

Institutional Trading of Guggenheim Active Allocation Fund

A number of hedge funds and other institutional investors have recently modified their holdings of GUG. J.W. Cole Advisors Inc. raised its holdings in shares of Guggenheim Active Allocation Fund by 2.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 39,399 shares of the company’s stock worth $615,000 after acquiring an additional 993 shares during the period. Concurrent Investment Advisors LLC increased its position in Guggenheim Active Allocation Fund by 5.0% during the second quarter. Concurrent Investment Advisors LLC now owns 27,942 shares of the company’s stock worth $437,000 after purchasing an additional 1,333 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Guggenheim Active Allocation Fund by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $47,000 after purchasing an additional 1,500 shares during the period. Aviance Capital Partners LLC boosted its holdings in Guggenheim Active Allocation Fund by 5.8% in the 3rd quarter. Aviance Capital Partners LLC now owns 30,452 shares of the company’s stock valued at $475,000 after purchasing an additional 1,659 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Guggenheim Active Allocation Fund by 9.6% in the 1st quarter. Cetera Investment Advisers now owns 19,436 shares of the company’s stock valued at $293,000 after buying an additional 1,703 shares during the period.