Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Declares Monthly Dividend of $0.13

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Monday, February 2nd. Investors of record on Friday, February 13th will be paid a dividend of 0.1257 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date is Friday, February 13th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

GBAB traded down $0.02 during midday trading on Tuesday, reaching $15.22. The company’s stock had a trading volume of 16,442 shares, compared to its average volume of 91,394. The company has a fifty day simple moving average of $15.14 and a 200 day simple moving average of $15.31. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a twelve month low of $14.35 and a twelve month high of $15.96.

Institutional Trading of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Several hedge funds and other institutional investors have recently bought and sold shares of GBAB. Bank of America Corp DE raised its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 61.4% during the third quarter. Bank of America Corp DE now owns 372,899 shares of the investment management company’s stock valued at $5,810,000 after buying an additional 141,835 shares during the last quarter. Invesco Ltd. increased its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.0% during the third quarter. Invesco Ltd. now owns 236,102 shares of the investment management company’s stock valued at $3,678,000 after acquiring an additional 6,879 shares during the period. Cooper Financial Group raised its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 11.0% in the 4th quarter. Cooper Financial Group now owns 154,826 shares of the investment management company’s stock valued at $2,310,000 after acquiring an additional 15,306 shares in the last quarter. StoneX Group Inc. raised its holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 0.5% in the 2nd quarter. StoneX Group Inc. now owns 138,843 shares of the investment management company’s stock valued at $2,088,000 after acquiring an additional 752 shares in the last quarter. Finally, Daymark Wealth Partners LLC bought a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 4th quarter worth approximately $1,429,000.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE: GBAB) is a closed-end management investment company organized as a statutory trust. The trust’s shares trade on the New York Stock Exchange, offering investors access to a diversified portfolio of taxable municipal securities and high-quality corporate debt instruments. As an externally managed vehicle, GBAB provides market participants with a convenient way to seek income and potential capital appreciation through a single exchange-listed security.

The fund’s primary investment strategy focuses on taxable municipal bonds issued by state and local governments across the United States.