Guggenheim Active Allocation Fund Declares Monthly Dividend of $0.12 (NYSE:GUG)

Guggenheim Active Allocation Fund (NYSE:GUG) declared a monthly dividend on Monday, December 1st. Investors of record on Monday, December 15th will be paid a dividend of 0.1188 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date is Monday, December 15th.

Guggenheim Active Allocation Fund Stock Down 0.3%

Shares of GUG stock traded down $0.05 during mid-day trading on Tuesday, reaching $15.39. 10,068 shares of the company were exchanged, compared to its average volume of 81,977. The business’s 50 day simple moving average is $15.61 and its 200 day simple moving average is $15.53. Guggenheim Active Allocation Fund has a fifty-two week low of $13.90 and a fifty-two week high of $16.50.

Hedge Funds Weigh In On Guggenheim Active Allocation Fund

Large investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. increased its holdings in Guggenheim Active Allocation Fund by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $47,000 after buying an additional 1,500 shares during the last quarter. Elequin Capital LP acquired a new position in shares of Guggenheim Active Allocation Fund in the 1st quarter worth approximately $66,000. JPMorgan Chase & Co. increased its holdings in shares of Guggenheim Active Allocation Fund by 845.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,199 shares of the company’s stock valued at $81,000 after acquiring an additional 4,649 shares during the last quarter. Orion Porfolio Solutions LLC bought a new stake in shares of Guggenheim Active Allocation Fund in the 2nd quarter valued at approximately $179,000. Finally, Creative Planning acquired a new stake in shares of Guggenheim Active Allocation Fund during the 3rd quarter valued at approximately $217,000.