Shaker Financial Services Lowers stake in Guggenheim Enhanced Equity Strategy Fund (GGE)

Guggenheim Enhanced Equity Strategy Fund (GGE) : Shaker Financial Services reduced its stake in Guggenheim Enhanced Equity Strategy Fund by 12.67% during the most recent quarter end. The investment management company now holds a total of 58,353 shares of Guggenheim Enhanced Equity Strategy Fund which is valued at $944,152 after selling 8,468 shares in Guggenheim Enhanced Equity Strategy Fund , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Guggenheim Enhanced Equity Strategy Fund makes up approximately 0.64% of Shaker Financial Services’s portfolio.

Other Hedge Funds, Including , Blue Bell Private Wealth Management boosted its stake in GGE in the latest quarter, The investment management firm added 10,293 additional shares and now holds a total of 58,084 shares of Guggenheim Enhanced Equity Strategy Fund which is valued at $943,865. Guggenheim Enhanced Equity Strategy Fund makes up approx 0.59% of Blue Bell Private Wealth Management’s portfolio. Gemmer Asset Management sold out all of its stake in GGE during the most recent quarter. The investment firm sold 300 shares of GGE which is valued $4,869. Iowa State Bank added GGE to its portfolio by purchasing 407 company shares during the most recent quarter which is valued at $6,418.

Guggenheim Enhanced Equity Strategy Fund is a closed-end investment fund. The Fund’s primary investment objective is to provide a high level of current income with a secondary objective of capital appreciation. The Fund invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in equities. The Fund may seek to obtain exposure to equity markets through investments in exchange-traded funds or other investment funds that track equity market indices through investments in individual equity securities and/or through derivative instruments that replicate the economic characteristics of exposure to equity securities or markets. Guggenheim Funds Investment Advisors LLC (GFIA) serves as the investment adviser to the Fund. Guggenheim Partners Investment Management LLC (GPIM) serves as the Fund’s investment sub-adviser.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *