Guggenheim Active Allocation Fund (NYSE:GUG) Stock Price Up 0.3% – What’s Next?

Guggenheim Active Allocation Fund (NYSE:GUG) shares were up 0.3% during trading on Friday . The company traded as high as $15.84 and last traded at $15.65. Approximately 150,347 shares changed hands during trading, an increase of 13% from the average daily volume of 132,736 shares. The stock had previously closed at $15.61.

Guggenheim Active Allocation Fund Trading Up 0.3 %

The business’s 50 day moving average is $15.30 and its two-hundred day moving average is $15.65.

Guggenheim Active Allocation Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.1188 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.43 dividend on an annualized basis and a dividend yield of 9.10%.

Hedge Funds Weigh In On Guggenheim Active Allocation Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new stake in shares of Guggenheim Active Allocation Fund in the 3rd quarter worth approximately $63,000. Avior Wealth Management LLC lifted its position in shares of Guggenheim Active Allocation Fund by 53.6% during the 4th quarter. Avior Wealth Management LLC now owns 5,479 shares of the company’s stock valued at $81,000 after acquiring an additional 1,913 shares during the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of Guggenheim Active Allocation Fund by 3.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 19,860 shares of the company’s stock worth $329,000 after acquiring an additional 649 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in shares of Guggenheim Active Allocation Fund by 52.1% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 23,381 shares of the company’s stock worth $387,000 after acquiring an additional 8,004 shares during the last quarter. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of Guggenheim Active Allocation Fund during the third quarter worth $539,000.