Transform Wealth LLC Boosts Holdings in BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Transform Wealth LLC increased its position in shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 35.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 47,316 shares of the investment management company’s stock after buying an additional 12,416 shares during the quarter. Transform Wealth LLC’s holdings in BlackRock Taxable Municipal Bond Trust were worth $789,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC increased its holdings in BlackRock Taxable Municipal Bond Trust by 446.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 26,506 shares of the investment management company’s stock valued at $427,000 after buying an additional 21,654 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of BlackRock Taxable Municipal Bond Trust by 11.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 37,641 shares of the investment management company’s stock worth $607,000 after acquiring an additional 3,941 shares in the last quarter. Avantax Advisory Services Inc. purchased a new position in shares of BlackRock Taxable Municipal Bond Trust in the 4th quarter valued at about $216,000. Atria Wealth Solutions Inc. raised its position in shares of BlackRock Taxable Municipal Bond Trust by 20.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 21,051 shares of the investment management company’s stock worth $339,000 after acquiring an additional 3,515 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of BlackRock Taxable Municipal Bond Trust by 75.1% during the 4th quarter. Ameriprise Financial Inc. now owns 452,197 shares of the investment management company’s stock worth $7,298,000 after acquiring an additional 193,994 shares in the last quarter.

BlackRock Taxable Municipal Bond Trust Stock Up 0.6%

NYSE BBN opened at $15.86 on Thursday. The firm’s fifty day moving average price is $15.84 and its 200 day moving average price is $16.29. BlackRock Taxable Municipal Bond Trust has a 12 month low of $15.37 and a 12 month high of $18.42.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.0929 per share. This represents a $1.11 annualized dividend and a dividend yield of 7.03%. The ex-dividend date of this dividend is Friday, June 13th.

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.