Usca Ria LLC Reduces Stake in Blackrock Taxable Municipal Bond Trust (BBN)

Usca Ria LLC decreased its holdings in shares of Blackrock Taxable Municipal Bond Trust (NYSE:BBN) by 34.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,850 shares of the investment management company’s stock after selling 7,150 shares during the quarter. Usca Ria LLC’s holdings in Blackrock Taxable Municipal Bond Trust were worth $291,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Advisor Group Inc. increased its stake in Blackrock Taxable Municipal Bond Trust by 33.1% in the fourth quarter. Advisor Group Inc. now owns 10,806 shares of the investment management company’s stock valued at $226,000 after purchasing an additional 2,690 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Blackrock Taxable Municipal Bond Trust by 59.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 63,364 shares of the investment management company’s stock valued at $1,332,000 after purchasing an additional 23,743 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of Blackrock Taxable Municipal Bond Trust by 9.9% in the fourth quarter. Raymond James & Associates now owns 141,912 shares of the investment management company’s stock valued at $2,983,000 after acquiring an additional 12,810 shares during the period. Private Advisor Group LLC boosted its holdings in shares of Blackrock Taxable Municipal Bond Trust by 3.5% in the fourth quarter. Private Advisor Group LLC now owns 25,801 shares of the investment management company’s stock valued at $542,000 after acquiring an additional 876 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its holdings in shares of Blackrock Taxable Municipal Bond Trust by 15.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 20,207 shares of the investment management company’s stock valued at $425,000 after acquiring an additional 2,761 shares during the period.

Shares of BBN stock traded up $0.03 during trading hours on Thursday, hitting $22.35. The stock had a trading volume of 900 shares, compared to its average volume of 151,591. Blackrock Taxable Municipal Bond Trust has a twelve month low of $19.59 and a twelve month high of $22.76.

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be issued a $0.1188 dividend. This represents a $1.43 annualized dividend and a dividend yield of 6.38%. The ex-dividend date is Thursday, March 14th.

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Blackrock Taxable Municipal Bond Trust Company Profile

There is no company description available for BlackRock Taxable Municipal Bond Trust.

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Institutional Ownership by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

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