Almitas Capital LLC Buys Shares of 54,685 Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Almitas Capital LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 54,685 shares of the company’s stock, valued at approximately $882,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Logan Stone Capital LLC purchased a new position in Thornburg Income Builder Opportunities Trust during the 2nd quarter valued at about $861,000. Private Advisor Group LLC grew its position in Thornburg Income Builder Opportunities Trust by 22.7% during the 2nd quarter. Private Advisor Group LLC now owns 111,168 shares of the company’s stock worth $1,793,000 after purchasing an additional 20,553 shares during the last quarter. Blue Bell Private Wealth Management LLC boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 310.5% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 16,208 shares of the company’s stock valued at $261,000 after acquiring an additional 12,260 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Thornburg Income Builder Opportunities Trust in the 2nd quarter valued at $333,000. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 13.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock valued at $396,000 after acquiring an additional 2,900 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Trading Down 0.5 %

TBLD opened at $17.50 on Friday. The firm has a fifty day moving average price of $16.91 and a 200 day moving average price of $16.30. Thornburg Income Builder Opportunities Trust has a 1 year low of $13.44 and a 1 year high of $17.89.

Thornburg Income Builder Opportunities Trust Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 20th. Investors of record on Friday, September 13th were paid a $0.1042 dividend. This is a boost from Thornburg Income Builder Opportunities Trust’s previous monthly dividend of $0.10. This represents a $1.25 annualized dividend and a dividend yield of 7.14%. The ex-dividend date was Friday, September 13th.

About Thornburg Income Builder Opportunities Trust

The Trust is a global, multi-asset, actively managed portfolio that seeks to generate an attractive income stream by providing investors differentiated access to a dynamic blend of income generating investments. Thornburg believes that markets are inefficient with respect to the assessment of risk and reward due to the siloed nature of multi-asset analysis.