Raymond James & Associates Has $9.83 Million Position in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Raymond James & Associates raised its holdings in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 67.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 551,519 shares of the company’s stock after acquiring an additional 222,077 shares during the period. Raymond James & Associates’ holdings in Thornburg Income Builder Opportunities Trust were worth $9,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. SOA Wealth Advisors LLC. acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the second quarter valued at approximately $26,000. Prosperity Consulting Group LLC acquired a new stake in Thornburg Income Builder Opportunities Trust during the first quarter worth approximately $162,000. Bright Futures Wealth Management LLC. bought a new stake in Thornburg Income Builder Opportunities Trust during the first quarter worth about $186,000. Livelsberger Financial Advisory acquired a new stake in shares of Thornburg Income Builder Opportunities Trust during the 1st quarter worth approximately $200,000. Finally, Calamos Advisors LLC acquired a new position in shares of Thornburg Income Builder Opportunities Trust during the 2nd quarter worth $250,000.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of Thornburg Income Builder Opportunities Trust stock opened at $17.09 on Wednesday. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $13.44 and a fifty-two week high of $17.89. The company’s 50 day moving average price is $17.32 and its two-hundred day moving average price is $16.52.

Thornburg Income Builder Opportunities Trust Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 21st. Shareholders of record on Friday, October 11th were issued a dividend of $0.104 per share. This represents a $1.25 annualized dividend and a yield of 7.30%. The ex-dividend date was Friday, October 11th.

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.