Fiera Capital Corp Acquires 8,695 Shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Fiera Capital Corp increased its holdings in shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN) by 7.2% during the third quarter, HoldingsChannel.com reports. The fund owned 129,569 shares of the investment management company’s stock after buying an additional 8,695 shares during the quarter. Fiera Capital Corp’s holdings in BlackRock Taxable Municipal Bond Trust were worth $2,309,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Fairscale Capital LLC purchased a new stake in BlackRock Taxable Municipal Bond Trust in the second quarter worth $31,000. Eastern Bank purchased a new stake in BlackRock Taxable Municipal Bond Trust in the third quarter worth $53,000. Opal Wealth Advisors LLC purchased a new stake in BlackRock Taxable Municipal Bond Trust in the second quarter worth $102,000. Miracle Mile Advisors LLC purchased a new stake in BlackRock Taxable Municipal Bond Trust in the third quarter worth $178,000. Finally, Concurrent Investment Advisors LLC purchased a new stake in BlackRock Taxable Municipal Bond Trust in the second quarter worth $230,000.

BlackRock Taxable Municipal Bond Trust Price Performance

NYSE:BBN opened at $16.75 on Friday. The business has a fifty day simple moving average of $17.42 and a two-hundred day simple moving average of $16.76. BlackRock Taxable Municipal Bond Trust has a 1 year low of $15.22 and a 1 year high of $18.42.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $0.0929 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 6.66%. The ex-dividend date is Friday, November 15th.

BlackRock Taxable Municipal Bond Trust 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.