Guggenheim Active Allocation Fund (NYSE:GUG) Stock Price Down 0.5% – Time to Sell?

Shares of Guggenheim Active Allocation Fund (NYSE:GUG) dropped 0.5% on Wednesday . The stock traded as low as $14.78 and last traded at $14.87. Approximately 191,595 shares were traded during trading, an increase of 118% from the average daily volume of 87,838 shares. The stock had previously closed at $14.94.

Guggenheim Active Allocation Fund Price Performance

The company’s 50-day moving average is $15.50 and its 200-day moving average is $15.63.

Guggenheim Active Allocation Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.1188 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On Guggenheim Active Allocation Fund

Institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in Guggenheim Active Allocation Fund during the second quarter worth approximately $45,000. JPMorgan Chase & Co. purchased a new stake in Guggenheim Active Allocation Fund during the 3rd quarter worth $63,000. Concurrent Investment Advisors LLC boosted its position in Guggenheim Active Allocation Fund by 4.6% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 15,377 shares of the company’s stock worth $230,000 after purchasing an additional 675 shares during the period. Kingsview Wealth Management LLC increased its holdings in Guggenheim Active Allocation Fund by 3.4% in the 3rd quarter. Kingsview Wealth Management LLC now owns 19,860 shares of the company’s stock valued at $329,000 after purchasing an additional 649 shares in the last quarter. Finally, PFG Investments LLC purchased a new position in Guggenheim Active Allocation Fund in the second quarter valued at about $476,000.