Wagner Wealth Management LLC acquired a new position in Guggenheim Credit (NYSE:GGM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 40,722 shares of the company’s stock, valued at approximately $885,000. Wagner Wealth Management LLC owned approximately 0.61% of Guggenheim Credit at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC purchased a new stake in Guggenheim Credit in the 4th quarter worth approximately $224,000. Commonwealth Equity Services Inc purchased a new stake in Guggenheim Credit in the 3rd quarter worth approximately $253,000. Cambridge Investment Research Advisors Inc. purchased a new stake in Guggenheim Credit in the 3rd quarter worth approximately $565,000. Wolverine Asset Management LLC purchased a new stake in Guggenheim Credit in the 4th quarter worth approximately $568,000. Finally, Ladenburg Thalmann Financial Services Inc. boosted its position in Guggenheim Credit by 967.4% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 39,098 shares of the company’s stock worth $858,000 after purchasing an additional 35,435 shares in the last quarter.
Shares of Guggenheim Credit (GGM) opened at $21.11 on Friday. Guggenheim Credit has a 52-week low of $21.08 and a 52-week high of $24.03.
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Guggenheim Credit Company Profile
Guggenheim Credit Allocation Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to seek total return through a combination of current income and capital appreciation. It invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities, debt securities, loans and investments with economic characteristics similar to fixed-income securities, debt securities and loans.
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