Robinson Capital Management LLC Takes $53,000 Position in Blackrock Taxable Municipal Bond Trust (BBN)

Robinson Capital Management LLC purchased a new position in shares of Blackrock Taxable Municipal Bond Trust (NYSE:BBN) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,500 shares of the investment management company’s stock, valued at approximately $53,000.

Other hedge funds have also modified their holdings of the company. SG Americas Securities LLC purchased a new position in Blackrock Taxable Municipal Bond Trust during the second quarter worth approximately $230,000. Cohen & Steers Inc. boosted its position in Blackrock Taxable Municipal Bond Trust by 24.4% during the third quarter. Cohen & Steers Inc. now owns 12,827 shares of the investment management company’s stock worth $272,000 after purchasing an additional 2,515 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in Blackrock Taxable Municipal Bond Trust during the third quarter worth approximately $403,000. Bell Rock Capital LLC purchased a new position in Blackrock Taxable Municipal Bond Trust during the third quarter worth approximately $467,000. Finally, MML Investors Services LLC boosted its position in Blackrock Taxable Municipal Bond Trust by 28.9% during the third quarter. MML Investors Services LLC now owns 22,592 shares of the investment management company’s stock worth $479,000 after purchasing an additional 5,062 shares in the last quarter.

Shares of BBN stock opened at $21.34 on Friday. Blackrock Taxable Municipal Bond Trust has a 12-month low of $19.59 and a 12-month high of $22.88.

The firm also recently declared a monthly dividend, which was paid on Wednesday, January 9th. Shareholders of record on Monday, December 31st were given a dividend of $0.1188 per share. The ex-dividend date was Friday, December 28th. This represents a $1.43 dividend on an annualized basis and a yield of 6.68%.

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Blackrock Taxable Municipal Bond Trust Company Profile

There is no company description available for BlackRock Taxable Municipal Bond Trust.

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

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