Walker Asset Management LLC Sells 2,675 Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $GBAB

Walker Asset Management LLC lessened its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) by 7.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,538 shares of the investment management company’s stock after selling 2,675 shares during the period. Walker Asset Management LLC’s holdings in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust were worth $534,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Raymond James Financial Inc. grew its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 81.1% in the 1st quarter. Raymond James Financial Inc. now owns 432,063 shares of the investment management company’s stock worth $6,719,000 after purchasing an additional 193,551 shares during the period. LPL Financial LLC grew its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 65.5% in the 1st quarter. LPL Financial LLC now owns 392,592 shares of the investment management company’s stock worth $6,105,000 after purchasing an additional 155,345 shares during the period. Sit Investment Associates Inc. grew its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 345.7% in the 1st quarter. Sit Investment Associates Inc. now owns 323,774 shares of the investment management company’s stock worth $5,035,000 after purchasing an additional 251,123 shares during the period. Savvy Advisors Inc. grew its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.8% in the 1st quarter. Savvy Advisors Inc. now owns 96,867 shares of the investment management company’s stock worth $1,506,000 after purchasing an additional 9,430 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 94,279 shares of the investment management company’s stock worth $1,466,000 after purchasing an additional 9,130 shares during the period.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Up 0.5%

NYSE:GBAB opened at $15.27 on Monday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $14.35 and a 12 month high of $17.77. The company has a 50 day simple moving average of $15.34 and a two-hundred day simple moving average of $15.14.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a dividend of $0.1257 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company 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.