D.A. Davidson & CO. Sells 1,186 Shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

D.A. Davidson & CO. lessened its holdings in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 2.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,548 shares of the company’s stock after selling 1,186 shares during the quarter. D.A. Davidson & CO.’s holdings in Thornburg Income Builder Opportunities Trust were worth $901,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of TBLD. SOA Wealth Advisors LLC. bought a new stake in Thornburg Income Builder Opportunities Trust during the second quarter valued at about $26,000. Raymond James & Associates increased its holdings in Thornburg Income Builder Opportunities Trust by 46.3% in the 2nd quarter. Raymond James & Associates now owns 329,442 shares of the company’s stock worth $5,314,000 after acquiring an additional 104,188 shares in the last quarter. Calamos Advisors LLC bought a new stake in Thornburg Income Builder Opportunities Trust during the 2nd quarter worth approximately $250,000. Commonwealth Equity Services LLC lifted its holdings in Thornburg Income Builder Opportunities Trust by 13.4% during the second quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock valued at $396,000 after purchasing an additional 2,900 shares in the last quarter. Finally, Wolverine Asset Management LLC bought a new position in shares of Thornburg Income Builder Opportunities Trust in the second quarter worth approximately $333,000.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of TBLD stock opened at $16.78 on Monday. Thornburg Income Builder Opportunities Trust has a one year low of $14.81 and a one year high of $17.89. The company’s fifty day moving average price is $17.14 and its 200-day moving average price is $16.72.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Tuesday, November 12th were given a $0.104 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.25 annualized dividend and a dividend yield of 7.44%.

Thornburg Income Builder Opportunities Trust Profile

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.