Noble Wealth Management PBC Makes New $176,000 Investment in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

Noble Wealth Management PBC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,600 shares of the investment management company’s stock, valued at approximately $176,000.

A number of other institutional investors have also made changes to their positions in the company. Palacios Wealth Management LLC bought a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the fourth quarter worth $163,000. Virtu Financial LLC bought a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 3rd quarter worth about $240,000. International Assets Investment Management LLC lifted its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 1,658.0% in the 3rd quarter. International Assets Investment Management LLC now owns 17,580 shares of the investment management company’s stock worth $3,090,000 after buying an additional 16,580 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.3% in the 3rd quarter. Private Advisor Group LLC now owns 25,927 shares of the investment management company’s stock valued at $456,000 after buying an additional 2,418 shares during the period. Finally, Invictus Private Wealth LLC grew its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 2.5% during the 3rd quarter. Invictus Private Wealth LLC now owns 26,762 shares of the investment management company’s stock valued at $470,000 after buying an additional 658 shares during the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 0.3 %

GBAB opened at $15.88 on Friday. The company’s 50-day moving average price is $15.51 and its 200 day moving average price is $16.36. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a fifty-two week low of $14.85 and a fifty-two week high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.1257 dividend. This represents a $1.51 annualized dividend and a dividend yield of 9.50%. The ex-dividend date was Friday, February 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust 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.