Blackrock Taxable Municipal Bond Trust (NYSE:BBN) Shares Acquired by Intellectus Partners LLC

Intellectus Partners LLC lifted its stake in shares of Blackrock Taxable Municipal Bond Trust (NYSE:BBN) by 9.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,901 shares of the investment management company’s stock after buying an additional 6,646 shares during the period. Intellectus Partners LLC’s holdings in Blackrock Taxable Municipal Bond Trust were worth $1,831,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. US Bancorp DE boosted its position in shares of Blackrock Taxable Municipal Bond Trust by 127.0% in the 2nd quarter. US Bancorp DE now owns 2,270 shares of the investment management company’s stock worth $54,000 after purchasing an additional 1,270 shares in the last quarter. Invesco Ltd. boosted its position in shares of Blackrock Taxable Municipal Bond Trust by 5.0% in the 2nd 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 in the last quarter. Bank of America Corp DE boosted its position in shares of Blackrock Taxable Municipal Bond Trust by 0.7% in the 2nd quarter. Bank of America Corp DE now owns 489,698 shares of the investment management company’s stock worth $11,615,000 after purchasing an additional 3,391 shares in the last quarter. Morgan Stanley boosted its position in shares of Blackrock Taxable Municipal Bond Trust by 12.0% in the 2nd 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 in the last quarter. Finally, Centaurus Financial Inc. bought a new stake in shares of Blackrock Taxable Municipal Bond Trust in the 2nd quarter worth approximately $207,000.

BBN stock traded up $0.22 during midday trading on Friday, hitting $24.80. The company’s stock had a trading volume of 3,865 shares, compared to its average volume of 216,373. Blackrock Taxable Municipal Bond Trust has a 12 month low of $21.41 and a 12 month high of $25.65. The firm’s 50-day moving average is $24.51 and its 200-day moving average is $24.26.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 31st were given a $0.112 dividend. The ex-dividend date was Monday, December 30th. This is a boost from Blackrock Taxable Municipal Bond Trust’s previous monthly dividend of $0.11. This represents a $1.34 annualized dividend and a yield of 5.42%.

Blackrock Taxable Municipal Bond Trust Company Profile

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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