Blackrock Taxable Municipal Bond Trust (BBN) Holdings Lifted by Guggenheim Capital LLC

Guggenheim Capital LLC raised its stake in shares of Blackrock Taxable Municipal Bond Trust (NYSE:BBN) by 17.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,853 shares of the investment management company’s stock after purchasing an additional 5,242 shares during the quarter. Guggenheim Capital LLC’s holdings in Blackrock Taxable Municipal Bond Trust were worth $808,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of BBN. Front Row Advisors LLC acquired a new position in Blackrock Taxable Municipal Bond Trust during the 4th quarter valued at approximately $896,000. CIBC World Markets Inc. acquired a new position in Blackrock Taxable Municipal Bond Trust during the 4th quarter valued at approximately $263,000. SeaCrest Wealth Management LLC acquired a new position in Blackrock Taxable Municipal Bond Trust during the 4th quarter valued at approximately $166,000. Sandy Spring Bank increased its stake in Blackrock Taxable Municipal Bond Trust by 78.5% during the 4th quarter. Sandy Spring Bank now owns 6,822 shares of the investment management company’s stock valued at $159,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new position in Blackrock Taxable Municipal Bond Trust during the 4th quarter valued at approximately $278,000.

Shares of Blackrock Taxable Municipal Bond Trust stock opened at $21.85 on Friday. Blackrock Taxable Municipal Bond Trust has a 12-month low of $21.38 and a 12-month high of $23.96.

The business also recently declared a monthly dividend, which will be paid on Monday, April 30th. Shareholders of record on Monday, April 16th will be paid a dividend of $0.1318 per share. The ex-dividend date of this dividend is Friday, April 13th. This represents a $1.58 dividend on an annualized basis and a yield of 7.24%.

About Blackrock Taxable Municipal Bond Trust

BlackRock Taxable Municipal Bond Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to achieve its investment objectives by investing primarily in a portfolio of taxable municipal securities, including Build America Bonds (BABs), issued by state and local governments to finance capital projects, such as public schools, roads, transportation infrastructure, bridges, ports and public buildings.

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Institutional Ownership by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

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