Larson Financial Group LLC Purchases 1,480 Shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Larson Financial Group LLC raised its position in BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 246.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,080 shares of the investment management company’s stock after acquiring an additional 1,480 shares during the period. Larson Financial Group LLC’s holdings in BlackRock Taxable Municipal Bond Trust were worth $37,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Fairscale Capital LLC bought a new stake in BlackRock Taxable Municipal Bond Trust during the second quarter worth $31,000. Eastern Bank bought a new position in shares of BlackRock Taxable Municipal Bond Trust during the 3rd quarter worth approximately $53,000. Opal Wealth Advisors LLC acquired a new position in shares of BlackRock Taxable Municipal Bond Trust during the 2nd quarter worth approximately $102,000. Miracle Mile Advisors LLC acquired a new position in shares of BlackRock Taxable Municipal Bond Trust during the 3rd quarter worth approximately $178,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in BlackRock Taxable Municipal Bond Trust during the 2nd quarter valued at $230,000.

BlackRock Taxable Municipal Bond Trust Trading Up 1.4 %

NYSE:BBN opened at $17.04 on Friday. The firm’s fifty day moving average price is $16.95 and its two-hundred day moving average price is $16.84. BlackRock Taxable Municipal Bond Trust has a one year low of $15.39 and a one year high of $18.42.

BlackRock Taxable Municipal Bond Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.0929 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.11 annualized dividend and a yield of 6.54%.

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.