Avior Wealth Management LLC Buys 3,426 Shares of Putnam Municipal Opportunities Trust (NYSE:PMO)

Avior Wealth Management LLC lifted its stake in shares of Putnam Municipal Opportunities Trust (NYSE:PMOFree Report) by 28.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,358 shares of the financial services provider’s stock after acquiring an additional 3,426 shares during the quarter. Avior Wealth Management LLC’s holdings in Putnam Municipal Opportunities Trust were worth $156,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Integrated Wealth Concepts LLC purchased a new position in Putnam Municipal Opportunities Trust during the 3rd quarter worth $119,000. Fortitude Family Office LLC purchased a new position in shares of Putnam Municipal Opportunities Trust during the third quarter valued at $134,000. International Assets Investment Management LLC raised its holdings in shares of Putnam Municipal Opportunities Trust by 1,000.7% in the third quarter. International Assets Investment Management LLC now owns 12,944 shares of the financial services provider’s stock valued at $141,000 after acquiring an additional 11,768 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new stake in Putnam Municipal Opportunities Trust in the third quarter worth about $167,000. Finally, Moors & Cabot Inc. grew its holdings in Putnam Municipal Opportunities Trust by 18.2% during the 3rd quarter. Moors & Cabot Inc. now owns 16,853 shares of the financial services provider’s stock worth $184,000 after acquiring an additional 2,600 shares in the last quarter. Institutional investors own 20.40% of the company’s stock.

Putnam Municipal Opportunities Trust Stock Performance

NYSE:PMO opened at $10.35 on Tuesday. The firm has a 50-day simple moving average of $10.34 and a 200-day simple moving average of $10.48. Putnam Municipal Opportunities Trust has a one year low of $9.69 and a one year high of $10.96.

Putnam Municipal Opportunities Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 24th will be issued a dividend of $0.035 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.42 dividend on an annualized basis and a yield of 4.06%.

Putnam Municipal Opportunities Trust Profile

(Free Report)

Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors.

Further Reading

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Institutional Ownership by Quarter for Putnam Municipal Opportunities Trust (NYSE:PMO)

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