Guggenheim Active Allocation Fund (GUG) To Go Ex-Dividend on July 15th

Guggenheim Active Allocation Fund (NYSE:GUG) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.1188 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

Guggenheim Active Allocation Fund Stock Performance

Shares of NYSE:GUG opened at $15.96 on Friday. Guggenheim Active Allocation Fund has a 1 year low of $14.70 and a 1 year high of $16.45. The business has a 50 day simple moving average of $15.84 and a two-hundred day simple moving average of $15.70.

Institutional Trading of Guggenheim Active Allocation Fund

Several institutional investors and hedge funds have recently made changes to their positions in GUG. Geneos Wealth Management Inc. increased its stake in Guggenheim Active Allocation Fund by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $47,000 after buying an additional 1,500 shares during the period. JPMorgan Chase & Co. boosted its position in Guggenheim Active Allocation Fund by 845.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,199 shares of the company’s stock valued at $81,000 after buying an additional 4,649 shares during the period. XTX Topco Ltd purchased a new position in shares of Guggenheim Active Allocation Fund during the fourth quarter worth approximately $166,000. Orion Porfolio Solutions LLC purchased a new position in shares of Guggenheim Active Allocation Fund during the second quarter worth approximately $179,000. Finally, High Net Worth Advisory Group LLC bought a new stake in shares of Guggenheim Active Allocation Fund during the fourth quarter valued at approximately $190,000.

Guggenheim Active Allocation Fund is a diversified, closed-end management investment company trading on the New York Stock Exchange under the ticker symbol GUG. The fund aims to provide a combination of current income and capital appreciation by employing an actively managed, multi-asset strategy. Its investment universe spans global equity securities, fixed-income instruments, convertible securities and derivative instruments, allowing the portfolio to capture opportunities across market cycles and geographic regions.

Employing a dynamic asset allocation framework, the fund’s management team adjusts exposures based on market valuations, economic outlooks and risk assessments.