Creative Planning lifted its position in shares of Putnam Premier Income Trust (NYSE:PPT – Free Report) by 8.3% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,867 shares of the investment management company’s stock after buying an additional 6,400 shares during the quarter. Creative Planning owned about 0.09% of Putnam Premier Income Trust worth $300,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Luken Investment Analytics LLC acquired a new stake in shares of Putnam Premier Income Trust during the second quarter worth $29,000. Gilman Hill Asset Management LLC bought a new position in shares of Putnam Premier Income Trust in the second quarter worth $54,000. Nomura Holdings Inc. bought a new position in shares of Putnam Premier Income Trust in the fourth quarter worth $59,000. Sanders Morris Harris LLC bought a new position in shares of Putnam Premier Income Trust in the first quarter worth $118,000. Finally, Catalina Capital Group LLC bought a new position in shares of Putnam Premier Income Trust in the second quarter worth $197,000. Institutional investors and hedge funds own 42.79% of the company’s stock.
Putnam Premier Income Trust Stock Performance
Shares of NYSE PPT opened at $3.66 on Friday. Putnam Premier Income Trust has a 52 week low of $3.25 and a 52 week high of $3.74. The stock’s fifty day moving average is $3.69 and its 200 day moving average is $3.58.
Putnam Premier Income Trust Dividend Announcement
About Putnam Premier Income Trust
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.
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