New England Private Wealth Advisors LLC Invests $531,000 in BlackRock Taxable Municipal Bond Trust $BBN

Posted by Brian Himes on Jun 13th, 2026

New England Private Wealth Advisors LLC purchased a new position in shares of BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 32,566 shares of the investment management company’s stock, valued at approximately $531,000.

Several other hedge funds and other institutional investors have also made changes to their positions in BBN. Royal Bank of Canada raised its stake in shares of BlackRock Taxable Municipal Bond Trust by 13.1% during the 1st quarter. Royal Bank of Canada now owns 562,515 shares of the investment management company’s stock worth $9,383,000 after buying an additional 64,953 shares during the last quarter. Invesco Ltd. raised its stake in shares of BlackRock Taxable Municipal Bond Trust by 3.5% during the 2nd quarter. Invesco Ltd. now owns 772,393 shares of the investment management company’s stock worth $12,443,000 after buying an additional 26,369 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of BlackRock Taxable Municipal Bond Trust by 10.0% during the 2nd quarter. NewEdge Advisors LLC now owns 37,780 shares of the investment management company’s stock worth $609,000 after buying an additional 3,421 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of BlackRock Taxable Municipal Bond Trust by 5.7% during the 2nd quarter. Raymond James Financial Inc. now owns 899,059 shares of the investment management company’s stock worth $14,484,000 after buying an additional 48,679 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its stake in shares of BlackRock Taxable Municipal Bond Trust by 8.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 118,574 shares of the investment management company’s stock worth $1,910,000 after buying an additional 9,707 shares during the last quarter.

BlackRock Taxable Municipal Bond Trust Stock Up 0.2%

NYSE:BBN opened at $16.09 on Friday. BlackRock Taxable Municipal Bond Trust has a 52-week low of $15.47 and a 52-week high of $17.45. The stock has a fifty day simple moving average of $16.04 and a 200-day simple moving average of $16.34.

BlackRock Taxable Municipal Bond Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.0986 per share. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock Taxable Municipal Bond Trust Company Profile

(Free Report)

The BlackRock Taxable Municipal Bond Trust (NYSE:BBN) is a closed-end management investment company that seeks to provide current income and preservation of capital through a diversified portfolio of taxable municipal debt securities. Advisement and portfolio management services are provided by BlackRock Advisors, LLC, leveraging the firm’s global credit research and trading capabilities to analyze risk and identify opportunities within the municipal bond sector.

Since its inception in 1989, BBN has invested primarily in investment-grade and non-investment-grade municipal obligations issued by U.S.