Guggenheim Taxabl Mncpl Mngd Drtn Trst (GBAB) Holdings Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its holdings in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) by 17.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,860 shares of the investment management company’s stock after buying an additional 3,751 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.14% of Guggenheim Taxabl Mncpl Mngd Drtn Trst worth $567,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Doliver Capital Advisors LP grew its position in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst by 0.5% in the second quarter. Doliver Capital Advisors LP now owns 62,879 shares of the investment management company’s stock valued at $1,430,000 after purchasing an additional 300 shares during the last quarter. Royal Bank of Canada grew its position in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst by 0.8% in the second quarter. Royal Bank of Canada now owns 59,867 shares of the investment management company’s stock valued at $1,362,000 after purchasing an additional 493 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst by 6.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 11,509 shares of the investment management company’s stock valued at $262,000 after purchasing an additional 711 shares during the last quarter. Ashford Capital Management Inc. grew its position in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst by 4.8% in the second quarter. Ashford Capital Management Inc. now owns 69,030 shares of the investment management company’s stock valued at $1,570,000 after purchasing an additional 3,145 shares during the last quarter. Finally, Commonwealth Equity Services Inc grew its position in shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst by 30.0% in the third quarter. Commonwealth Equity Services Inc now owns 18,810 shares of the investment management company’s stock valued at $428,000 after purchasing an additional 4,336 shares during the last quarter.

Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE GBAB) opened at $22.48 on Tuesday. Guggenheim Taxabl Mncpl Mngd Drtn Trst has a 12-month low of $21.05 and a 12-month high of $23.32.

The company also recently announced a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a $0.1257 dividend. This represents a $1.51 annualized dividend and a dividend yield of 6.71%. The ex-dividend date of this dividend is Thursday, December 14th.

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Guggenheim Taxabl Mncpl Mngd Drtn Trst Company Profile

Guggenheim Taxable Municipal Managed Duration Trust, formerly Guggenheim Build America Bonds Managed Duration Trust, is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income with a secondary objective of long-term capital appreciation. Under normal market conditions, the Trust will invest approximately 80% of its managed assets in taxable municipal securities, including Build America Bonds (BABs).

Want to see what other hedge funds are holding GBAB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB).

Institutional Ownership by Quarter for Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB)

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