XTX Topco Ltd Invests $54,000 in Putnam Premier Income Trust (NYSE:PPT)

XTX Topco Ltd purchased a new stake in Putnam Premier Income Trust (NYSE:PPT) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 14,573 shares of the investment management company’s stock, valued at approximately $54,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Luken Investment Analytics LLC bought a new position in Putnam Premier Income Trust in the second quarter valued at approximately $29,000. IHT Wealth Management LLC boosted its holdings in shares of Putnam Premier Income Trust by 88.4% in the 3rd quarter. IHT Wealth Management LLC now owns 19,566 shares of the investment management company’s stock valued at $73,000 after purchasing an additional 9,183 shares in the last quarter. Gilman Hill Asset Management LLC increased its stake in shares of Putnam Premier Income Trust by 73.3% in the 3rd quarter. Gilman Hill Asset Management LLC now owns 26,000 shares of the investment management company’s stock valued at $97,000 after purchasing an additional 11,000 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new position in shares of Putnam Premier Income Trust during the 3rd quarter worth $105,000. Finally, Stifel Financial Corp raised its holdings in shares of Putnam Premier Income Trust by 12.3% during the 3rd quarter. Stifel Financial Corp now owns 45,431 shares of the investment management company’s stock worth $169,000 after buying an additional 4,978 shares in the last quarter. 42.79% of the stock is owned by institutional investors and hedge funds.

Putnam Premier Income Trust Stock Up 1.7 %

NYSE:PPT opened at $3.55 on Monday. Putnam Premier Income Trust has a twelve month low of $3.40 and a twelve month high of $3.74. The stock’s 50-day simple moving average is $3.59 and its 200 day simple moving average is $3.61.

Putnam Premier Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Monday, December 23rd will be paid a $0.026 dividend. The ex-dividend date is Monday, December 23rd. This represents a $0.31 dividend on an annualized basis and a dividend yield of 8.79%.

Putnam Premier Income Trust Profile

Putnam Premier Income 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 the public fixed income markets across the globe. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation.