Oppenheimer & Co. Inc. Increases Stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Oppenheimer & Co. Inc. increased its stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 10.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,845 shares of the company’s stock after acquiring an additional 3,500 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Thornburg Income Builder Opportunities Trust were worth $674,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Livelsberger Financial Advisory acquired a new position in Thornburg Income Builder Opportunities Trust during the first quarter worth $200,000. Bright Futures Wealth Management LLC. purchased a new position in shares of Thornburg Income Builder Opportunities Trust in the 1st quarter valued at about $186,000. SOA Wealth Advisors LLC. acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the second quarter valued at about $26,000. Raymond James & Associates boosted its holdings in Thornburg Income Builder Opportunities Trust by 46.3% during the second quarter. Raymond James & Associates now owns 329,442 shares of the company’s stock worth $5,314,000 after buying an additional 104,188 shares in the last quarter. Finally, Calamos Advisors LLC acquired a new position in Thornburg Income Builder Opportunities Trust during the second quarter worth about $250,000.

Thornburg Income Builder Opportunities Trust Trading Down 0.8 %

TBLD stock opened at $16.49 on Thursday. The firm has a 50 day moving average of $17.26 and a 200-day moving average of $16.67. Thornburg Income Builder Opportunities Trust has a 12-month low of $14.81 and a 12-month high of $17.89.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 20th. Investors of record on Tuesday, November 12th were issued a dividend of $0.104 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.25 annualized dividend and a yield of 7.57%.

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.