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

Guggenheim Strategic Opportunities Fund (NYSE:GOF)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.52 and traded as low as $15.27. Guggenheim Strategic Opportunities Fund shares last traded at $15.31, with a volume of 761,588 shares trading hands.

Guggenheim Strategic Opportunities Fund Stock Performance

The stock has a 50 day moving average price of $15.53 and a 200-day moving average price of $15.52.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.1821 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 14.27%.

Institutional Trading of Guggenheim Strategic Opportunities Fund

Several large investors have recently modified their holdings of the business. Secure Asset Management LLC grew its stake in shares of Guggenheim Strategic Opportunities Fund by 3.9% in the fourth quarter. Secure Asset Management LLC now owns 346,971 shares of the investment management company’s stock worth $5,295,000 after purchasing an additional 12,983 shares during the last quarter. Mutual Advisors LLC grew its stake in shares of Guggenheim Strategic Opportunities Fund by 11.5% in the fourth quarter. Mutual Advisors LLC now owns 106,290 shares of the investment management company’s stock worth $1,626,000 after purchasing an additional 10,958 shares during the last quarter. UMB Bank n.a. bought a new stake in shares of Guggenheim Strategic Opportunities Fund in the fourth quarter worth about $1,055,000. Ameritas Advisory Services LLC bought a new stake in shares of Guggenheim Strategic Opportunities Fund in the fourth quarter worth about $161,000. Finally, Capital CS Group LLC boosted its position in Guggenheim Strategic Opportunities Fund by 13.1% during the 4th quarter. Capital CS Group LLC now owns 19,947 shares of the investment management company’s stock valued at $304,000 after acquiring an additional 2,315 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.