Good Life Advisors LLC Has $488,000 Holdings in Blackrock Taxable Municipal Bond Trust (BBN)

Good Life Advisors LLC raised its holdings in Blackrock Taxable Municipal Bond Trust (NYSE:BBN) by 26.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,742 shares of the investment management company’s stock after purchasing an additional 4,480 shares during the quarter. Good Life Advisors LLC’s holdings in Blackrock Taxable Municipal Bond Trust were worth $488,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in BBN. Trustcore Financial Services LLC acquired a new position in shares of Blackrock Taxable Municipal Bond Trust during the 4th quarter worth approximately $40,000. Cullen Frost Bankers Inc. acquired a new position in shares of Blackrock Taxable Municipal Bond Trust during the 1st quarter worth approximately $42,000. Sontag Advisory LLC acquired a new position in shares of Blackrock Taxable Municipal Bond Trust during the 4th quarter worth approximately $46,000. We Are One Seven LLC acquired a new position in shares of Blackrock Taxable Municipal Bond Trust during the 4th quarter worth approximately $118,000. Finally, Bessemer Group Inc. acquired a new position in shares of Blackrock Taxable Municipal Bond Trust during the 4th quarter worth approximately $118,000.

Shares of Blackrock Taxable Municipal Bond Trust stock traded up $0.03 during trading on Thursday, hitting $23.26. 300 shares of the company were exchanged, compared to its average volume of 145,692. Blackrock Taxable Municipal Bond Trust has a fifty-two week low of $19.59 and a fifty-two week high of $23.33.

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be given a dividend of $0.1188 per share. The ex-dividend date is Tuesday, May 14th. This represents a $1.43 annualized dividend and a dividend yield of 6.13%.

TRADEMARK VIOLATION NOTICE: “Good Life Advisors LLC Has $488,000 Holdings in Blackrock Taxable Municipal Bond Trust (BBN)” was first published by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. & international copyright law. The original version of this article can be viewed at https://www.baseballdailydigest.com/news/2019/05/23/good-life-advisors-llc-has-488000-holdings-in-blackrock-taxable-municipal-bond-trust-bbn.html.

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.

Further Reading: What is a Roth IRA?

Want to see what other hedge funds are holding BBN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock Taxable Municipal Bond Trust (NYSE:BBN).

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

Receive News & Ratings for Blackrock Taxable Municipal Bond Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Taxable Municipal Bond Trust and related companies with MarketBeat.com's FREE daily email newsletter.