B. Riley Wealth Advisors Inc. Has $361,000 Stock Position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB)

B. Riley Wealth Advisors Inc. increased its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 40.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,683 shares of the investment management company’s stock after acquiring an additional 6,491 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $361,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Fairscale Capital LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth approximately $34,000. Wolverine Asset Management LLC acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter valued at $208,000. Beam Wealth Advisors Inc. acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter valued at $218,000. Benedetti & Gucer Inc. lifted its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 6.0% in the 1st quarter. Benedetti & Gucer Inc. now owns 14,186 shares of the investment management company’s stock worth $231,000 after acquiring an additional 800 shares in the last quarter. Finally, WMG Financial Advisors LLC acquired a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth about $273,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

GBAB stock opened at $16.98 on Tuesday. The firm has a 50 day simple moving average of $17.64 and a 200 day simple moving average of $16.61. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $14.22 and a 52 week high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a $0.1257 dividend. This represents a $1.51 dividend on an annualized basis and a dividend yield of 8.89%. The ex-dividend date of this dividend is Tuesday, October 15th.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

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.