698,104 Shares in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) during the fourth quarter, HoldingsChannel reports. The fund acquired 698,104 shares of the company’s stock, valued at approximately $11,365,000.

Several other large investors have also recently added to or reduced their stakes in TBLD. Silver Oak Securities Incorporated bought a new stake in shares of Thornburg Income Builder Opportunities Trust in the fourth quarter valued at about $183,000. Calamos Advisors LLC raised its stake in Thornburg Income Builder Opportunities Trust by 23.8% in the 4th quarter. Calamos Advisors LLC now owns 12,748 shares of the company’s stock worth $208,000 after purchasing an additional 2,450 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Thornburg Income Builder Opportunities Trust by 10.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock valued at $674,000 after purchasing an additional 3,500 shares during the period. D.A. Davidson & CO. grew its position in shares of Thornburg Income Builder Opportunities Trust by 4.5% during the 4th quarter. D.A. Davidson & CO. now owns 52,840 shares of the company’s stock worth $860,000 after purchasing an additional 2,292 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter worth approximately $1,165,000.

Thornburg Income Builder Opportunities Trust Stock Performance

NASDAQ TBLD opened at $17.82 on Friday. The company has a 50 day moving average of $17.24 and a 200-day moving average of $17.06. Thornburg Income Builder Opportunities Trust has a 1-year low of $15.19 and a 1-year high of $17.89.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 13th were issued a $0.1042 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $1.25 annualized dividend and a yield of 7.01%.

Thornburg Income Builder Opportunities Trust Company 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.