Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $16.68 and traded as low as $15.55. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust shares last traded at $15.63, with a volume of 109,807 shares changing hands.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Down 0.3 %

The business’s 50-day moving average is $16.23 and its two-hundred day moving average is $16.68.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a $0.1257 dividend. The ex-dividend date is Friday, December 13th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Fairscale Capital LLC purchased a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth approximately $34,000. Sanctuary Advisors LLC purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the second quarter worth $189,000. Wolverine Asset Management LLC bought a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the second quarter valued at $208,000. Virtu Financial LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 3rd quarter valued at $240,000. Finally, Beam Wealth Advisors Inc. purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter valued at $218,000.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

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.