Guggenheim Strategic Opportunities Fund (NYSE:GOF) Shares Pass Above 50-Day Moving Average – What’s Next?

Guggenheim Strategic Opportunities Fund (NYSE:GOF) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $12.51 and traded as high as $12.82. Guggenheim Strategic Opportunities Fund shares last traded at $12.7950, with a volume of 1,078,086 shares trading hands.

Guggenheim Strategic Opportunities Fund Price Performance

The stock’s fifty day simple moving average is $12.51 and its 200-day simple moving average is $13.79.

Guggenheim Strategic Opportunities Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be paid a $0.1821 dividend. This represents a c) annualized dividend and a yield of 17.1%. The ex-dividend date of this dividend is Thursday, January 15th.

Institutional Trading of Guggenheim Strategic Opportunities Fund

Several large investors have recently bought and sold shares of GOF. PMG Family Office LLC raised its stake in shares of Guggenheim Strategic Opportunities Fund by 12.9% during the 4th quarter. PMG Family Office LLC now owns 63,548 shares of the investment management company’s stock worth $818,000 after buying an additional 7,252 shares during the last quarter. Merit Financial Group LLC increased its holdings in Guggenheim Strategic Opportunities Fund by 9.3% during the 4th quarter. Merit Financial Group LLC now owns 29,082 shares of the investment management company’s stock valued at $375,000 after acquiring an additional 2,470 shares in the last quarter. AE Wealth Management LLC raised its position in Guggenheim Strategic Opportunities Fund by 341.1% during the fourth quarter. AE Wealth Management LLC now owns 137,245 shares of the investment management company’s stock worth $1,768,000 after acquiring an additional 106,132 shares during the last quarter. Private Trust Co. NA lifted its holdings in shares of Guggenheim Strategic Opportunities Fund by 5,848.5% in the fourth quarter. Private Trust Co. NA now owns 42,413 shares of the investment management company’s stock valued at $546,000 after purchasing an additional 41,700 shares in the last quarter. Finally, Discipline Wealth Solutions LLC grew its position in shares of Guggenheim Strategic Opportunities Fund by 26.6% in the fourth quarter. Discipline Wealth Solutions LLC now owns 45,489 shares of the investment management company’s stock valued at $586,000 after purchasing an additional 9,554 shares during the last quarter.

Guggenheim Strategic Opportunities Fund Company Profile

Guggenheim Strategic Opportunities Fund (NYSE: GOF) is a closed-end management investment company organized as a diversified, non-diversified or interval fund (as defined under the Investment Company Act of 1940). The fund commenced operations in February 2012 with a primary objective of seeking a high level of total return, consisting of both income and capital appreciation, through a flexible, opportunistic investment approach.

The fund’s core strategy focuses on investing across the capital structure of both debt and equity securities.