Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) Shares Pass Below Two Hundred Day Moving Average of $0.00

Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $23.65. Guggenheim Taxabl Mncpl Mngd Drtn Trst shares last traded at $23.75, with a volume of 13,726 shares.

The stock has a 50-day moving average of $23.42.

The firm also recently announced a monthly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a dividend of $0.126 per share. This represents a $1.51 dividend on an annualized basis and a yield of 6.30%. The ex-dividend date was Thursday, June 13th.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in Guggenheim Taxabl Mncpl Mngd Drtn Trst by 3.9% in the 4th quarter. Bank of America Corp DE now owns 422,147 shares of the investment management company’s stock worth $9,258,000 after acquiring an additional 15,958 shares during the period. Usca Ria LLC boosted its stake in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst by 2.7% during the 4th quarter. Usca Ria LLC now owns 129,710 shares of the investment management company’s stock valued at $2,845,000 after buying an additional 3,390 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst by 16.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 50,172 shares of the investment management company’s stock valued at $1,135,000 after buying an additional 7,210 shares during the last quarter. Whittier Trust Co. boosted its stake in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst by 48.3% during the 1st quarter. Whittier Trust Co. now owns 41,740 shares of the investment management company’s stock valued at $944,000 after buying an additional 13,594 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst by 16.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 35,600 shares of the investment management company’s stock valued at $806,000 after buying an additional 5,147 shares during the last quarter.

Guggenheim Taxabl Mncpl Mngd Drtn Trst Company Profile (NYSE:GBAB)

Guggenheim Taxable Municipal Managed Duration 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.

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