Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.49 and traded as low as $15.33. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust shares last traded at $15.35, with a volume of 325,383 shares.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

The firm has a 50-day moving average of $15.51 and a two-hundred day moving average of $16.49.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.1257 dividend. This represents a $1.51 annualized dividend and a dividend yield of 9.83%. The ex-dividend date is Friday, February 14th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Invictus Private Wealth LLC raised its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 2.5% in the 3rd quarter. Invictus Private Wealth LLC now owns 26,762 shares of the investment management company’s stock worth $470,000 after buying an additional 658 shares during the period. Private Advisor Group LLC raised its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 10.3% in the third quarter. Private Advisor Group LLC now owns 25,927 shares of the investment management company’s stock valued at $456,000 after purchasing an additional 2,418 shares during the period. HighTower Advisors LLC raised its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 21.4% in the fourth quarter. HighTower Advisors LLC now owns 14,384 shares of the investment management company’s stock valued at $219,000 after purchasing an additional 2,534 shares during the period. Dynamic Advisor Solutions LLC raised its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 8.6% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 36,627 shares of the investment management company’s stock valued at $557,000 after purchasing an additional 2,916 shares during the period. Finally, Farther Finance Advisors LLC raised its position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 4.1% in the third quarter. Farther Finance Advisors LLC now owns 95,092 shares of the investment management company’s stock valued at $1,672,000 after purchasing an additional 3,768 shares during the period.

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.