BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Shares Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC grew its holdings in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,698 shares of the investment management company’s stock after acquiring an additional 2,140 shares during the period. Kestra Private Wealth Services LLC’s holdings in BlackRock Taxable Municipal Bond Trust were worth $801,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Larson Financial Group LLC grew its stake in BlackRock Taxable Municipal Bond Trust by 246.7% during the 3rd quarter. Larson Financial Group LLC now owns 2,080 shares of the investment management company’s stock worth $37,000 after purchasing an additional 1,480 shares in the last quarter. Eastern Bank acquired a new position in shares of BlackRock Taxable Municipal Bond Trust during the third quarter worth about $53,000. Sanctuary Advisors LLC purchased a new stake in shares of BlackRock Taxable Municipal Bond Trust during the third quarter worth approximately $239,000. Mezzasalma Advisors LLC acquired a new stake in BlackRock Taxable Municipal Bond Trust in the fourth quarter valued at approximately $240,000. Finally, JPMorgan Chase & Co. purchased a new position in BlackRock Taxable Municipal Bond Trust in the third quarter worth approximately $274,000.

BlackRock Taxable Municipal Bond Trust Trading Up 0.5 %

NYSE BBN opened at $16.65 on Friday. BlackRock Taxable Municipal Bond Trust has a 52 week low of $15.39 and a 52 week high of $18.42. The firm has a 50 day moving average of $16.37 and a two-hundred day moving average of $16.95.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.0929 dividend. This represents a $1.11 annualized dividend and a yield of 6.70%. The ex-dividend date is Friday, February 14th.

BlackRock Taxable Municipal Bond Trust Company 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.