Guggenheim Strategic Opportunities Fund (NYSE:GOF) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Guggenheim Strategic Opportunities Fund (NYSE:GOF) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $15.48 and traded as low as $15.23. Guggenheim Strategic Opportunities Fund shares last traded at $15.26, with a volume of 808,853 shares trading hands.

Guggenheim Strategic Opportunities Fund Stock Performance

The stock has a 50-day moving average of $15.64 and a 200-day moving average of $15.47.

Guggenheim Strategic Opportunities Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.1821 dividend. This represents a $2.19 dividend on an annualized basis and a dividend yield of 14.27%. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On Guggenheim Strategic Opportunities Fund

Large investors have recently bought and sold shares of the company. Fortitude Family Office LLC acquired a new stake in shares of Guggenheim Strategic Opportunities Fund during the 3rd quarter worth approximately $26,000. Adirondack Trust Co. acquired a new stake in shares of Guggenheim Strategic Opportunities Fund in the 3rd quarter valued at $30,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Guggenheim Strategic Opportunities Fund in the 2nd quarter valued at $37,000. Transcendent Capital Group LLC raised its holdings in shares of Guggenheim Strategic Opportunities Fund by 50.0% during the 3rd quarter. Transcendent Capital Group LLC now owns 3,000 shares of the investment management company’s stock worth $47,000 after buying an additional 1,000 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its stake in Guggenheim Strategic Opportunities Fund by 1,166.1% in the second quarter. Strategic Financial Concepts LLC now owns 326,060 shares of the investment management company’s stock valued at $50,000 after buying an additional 300,306 shares in the last quarter.

About Guggenheim Strategic Opportunities Fund

Guggenheim Strategic Opportunities Fund is a closed-ended balanced mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. The fund is co-managed by Guggenheim Partners Investment Management LLC. It invests in public equity and fixed income markets across the globe. For its equity portion, the fund invests directly and through derivatives such as writing covered call and put options to invest in the stocks of companies operating across diversified sectors.