Commonwealth Equity Services LLC Acquires 2,900 Shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Commonwealth Equity Services LLC increased its holdings in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 13.4% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 24,535 shares of the company’s stock after purchasing an additional 2,900 shares during the period. Commonwealth Equity Services LLC’s holdings in Thornburg Income Builder Opportunities Trust were worth $396,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Janney Montgomery Scott LLC grew its stake in shares of Thornburg Income Builder Opportunities Trust by 2.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 52,844 shares of the company’s stock worth $820,000 after purchasing an additional 1,037 shares during the last quarter. Lokken Investment Group LLC grew its stake in shares of Thornburg Income Builder Opportunities Trust by 3.3% in the fourth quarter. Lokken Investment Group LLC now owns 43,973 shares of the company’s stock worth $682,000 after purchasing an additional 1,393 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Thornburg Income Builder Opportunities Trust by 1.8% in the first quarter. Private Advisor Group LLC now owns 90,615 shares of the company’s stock worth $1,465,000 after purchasing an additional 1,617 shares during the last quarter. SOA Wealth Advisors LLC. bought a new stake in shares of Thornburg Income Builder Opportunities Trust in the second quarter worth $26,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust in the first quarter worth $32,000.

Thornburg Income Builder Opportunities Trust Stock Down 0.7 %

Shares of TBLD opened at $17.58 on Monday. The firm’s fifty day simple moving average is $16.80 and its two-hundred day simple moving average is $16.24. Thornburg Income Builder Opportunities Trust has a 12 month low of $13.44 and a 12 month high of $17.89.

Thornburg Income Builder Opportunities Trust Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, September 13th were given a dividend of $0.1042 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date was Friday, September 13th. This is a boost from Thornburg Income Builder Opportunities Trust’s previous monthly dividend of $0.10.

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.