Guggenheim Strategic Opportunities Fund (NYSE:GOF) Stock Price Crosses Above 50 Day Moving Average of $15.20

Guggenheim Strategic Opportunities Fund (NYSE:GOF)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $15.20 and traded as high as $15.30. Guggenheim Strategic Opportunities Fund shares last traded at $15.07, with a volume of 1,583,647 shares traded.

Guggenheim Strategic Opportunities Fund Stock Performance

The business has a 50-day moving average price of $15.20 and a two-hundred day moving average price of $14.69.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.1821 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $2.19 annualized dividend and a yield of 14.51%.

Insider Buying and Selling at Guggenheim Strategic Opportunities Fund

In other news, insider Randall C. Barnes sold 5,849 shares of the business’s stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $15.02, for a total transaction of $87,851.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Investors Weigh In On Guggenheim Strategic Opportunities Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Founders Financial Alliance LLC grew its stake in shares of Guggenheim Strategic Opportunities Fund by 5.4% during the second quarter. Founders Financial Alliance LLC now owns 100,994 shares of the investment management company’s stock worth $1,506,000 after purchasing an additional 5,153 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Guggenheim Strategic Opportunities Fund by 4.7% during the 2nd quarter. Cetera Investment Advisers now owns 386,984 shares of the investment management company’s stock worth $5,770,000 after buying an additional 17,475 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of Guggenheim Strategic Opportunities Fund by 30.4% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 52,767 shares of the investment management company’s stock worth $787,000 after acquiring an additional 12,315 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Guggenheim Strategic Opportunities Fund by 23.1% in the 2nd quarter. NewEdge Advisors LLC now owns 100,204 shares of the investment management company’s stock valued at $1,494,000 after acquiring an additional 18,800 shares during the last quarter. Finally, AE Wealth Management LLC acquired a new stake in shares of Guggenheim Strategic Opportunities Fund during the 2nd quarter worth about $338,000.

About Guggenheim Strategic Opportunities Fund

Guggenheim Strategic Opportunities Fund is a closed-ended balanced mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. The fund is co-managed by Guggenheim Partners Investment Management LLC. It invests in public equity and fixed income markets across the globe. For its equity portion, the fund invests directly and through derivatives such as writing covered call and put options to invest in the stocks of companies operating across diversified sectors.