Blackrock Taxable Municipal Bond Trust (NYSE:BBN) Position Increased by San Francisco Sentry Investment Group CA

San Francisco Sentry Investment Group CA boosted its stake in Blackrock Taxable Municipal Bond Trust (NYSE:BBN) by 117.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,700 shares of the investment management company’s stock after acquiring an additional 7,400 shares during the period. San Francisco Sentry Investment Group CA’s holdings in Blackrock Taxable Municipal Bond Trust were worth $339,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Morgan Stanley raised its holdings in shares of Blackrock Taxable Municipal Bond Trust by 12.0% during the second quarter. Morgan Stanley now owns 1,531,751 shares of the investment management company’s stock worth $36,333,000 after purchasing an additional 164,427 shares during the period. Prime Capital Investment Advisors LLC acquired a new stake in shares of Blackrock Taxable Municipal Bond Trust during the second quarter worth $2,271,000. Cetera Advisors LLC raised its holdings in shares of Blackrock Taxable Municipal Bond Trust by 30.4% during the second quarter. Cetera Advisors LLC now owns 248,162 shares of the investment management company’s stock worth $5,886,000 after purchasing an additional 57,892 shares during the period. UBS Group AG raised its holdings in shares of Blackrock Taxable Municipal Bond Trust by 4.5% during the second quarter. UBS Group AG now owns 977,102 shares of the investment management company’s stock worth $23,177,000 after purchasing an additional 42,087 shares during the period. Finally, Invesco Ltd. raised its holdings in shares of Blackrock Taxable Municipal Bond Trust by 5.0% during the second quarter. Invesco Ltd. now owns 487,880 shares of the investment management company’s stock worth $11,573,000 after purchasing an additional 23,294 shares during the period.

Shares of NYSE:BBN traded up $0.06 on Friday, reaching $23.46. 85,721 shares of the company’s stock were exchanged, compared to its average volume of 160,363. Blackrock Taxable Municipal Bond Trust has a fifty-two week low of $19.67 and a fifty-two week high of $25.65. The business’s 50-day moving average is $24.11 and its two-hundred day moving average is $23.91.

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.112 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 5.73%.

In other Blackrock Taxable Municipal Bond Trust news, insider Spencer Matthew 533,000 shares of the firm’s stock in a transaction on Friday, October 25th.

About Blackrock Taxable Municipal Bond Trust

BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in taxable municipal securities, which include Build America Bonds.

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

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