Microvast Holdings announces departure of chief financial officer
Ronald E. Toupin Jr., serving as a trustee for the Guggenheim Active Allocation Fund (NYSE:GUG), made a notable acquisition of common stock on April 1, 2025. According to a recent SEC filing, Toupin purchased 1,500 shares at a price of $15.10 each, amounting to a total transaction value of $22,650. The stock, currently trading at $15.35, has shown a solid performance with a ~13% return over the past year. InvestingPro data reveals the fund offers an attractive 9.5% dividend yield, making it one of the higher-yielding investment vehicles in its category. Following this transaction, Toupin’s direct ownership in the fund increased to 13,617.291 shares. This move reflects Toupin’s continued involvement and investment in the fund’s activities. With a market capitalization of approximately $497 million, the fund has maintained relatively low price volatility, according to InvestingPro analysis, which offers additional insights into the fund’s performance metrics and investment characteristics.
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