Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. cut its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 7.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,940 shares of the investment management company’s stock after selling 1,743 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $365,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Invictus Private Wealth LLC boosted its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 2.5% in the third quarter. Invictus Private Wealth LLC now owns 26,762 shares of the investment management company’s stock valued at $470,000 after purchasing an additional 658 shares during the period. Fairscale Capital LLC purchased a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter valued at about $34,000. Private Advisor Group LLC grew its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.3% during the third quarter. Private Advisor Group LLC now owns 25,927 shares of the investment management company’s stock valued at $456,000 after acquiring an additional 2,418 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 4.1% during the third quarter. Farther Finance Advisors LLC now owns 95,092 shares of the investment management company’s stock valued at $1,672,000 after acquiring an additional 3,768 shares in the last quarter. Finally, Fiera Capital Corp increased its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 3.9% during the third quarter. Fiera Capital Corp now owns 113,402 shares of the investment management company’s stock worth $1,994,000 after acquiring an additional 4,249 shares during the last quarter.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

Shares of GBAB opened at $15.12 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a one year low of $14.85 and a one year high of $18.52. The stock has a 50-day moving average price of $16.06 and a 200 day moving average price of $16.65.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.1257 per share. The ex-dividend date of this dividend is Friday, December 13th.

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.