Commonwealth Equity Services LLC Has $396,000 Stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Commonwealth Equity Services LLC raised its position in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 13.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,535 shares of the company’s stock after purchasing an additional 2,900 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Thornburg Income Builder Opportunities Trust were worth $396,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SOA Wealth Advisors LLC. bought a new position in Thornburg Income Builder Opportunities Trust during the second quarter worth about $26,000. Redmont Wealth Advisors LLC bought a new position in Thornburg Income Builder Opportunities Trust during the first quarter worth about $32,000. Prosperity Consulting Group LLC bought a new position in Thornburg Income Builder Opportunities Trust during the first quarter worth about $162,000. Bright Futures Wealth Management LLC. bought a new position in Thornburg Income Builder Opportunities Trust during the first quarter worth about $186,000. Finally, Livelsberger Financial Advisory bought a new position in Thornburg Income Builder Opportunities Trust during the first quarter worth about $200,000.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of NASDAQ:TBLD opened at $17.58 on Monday. Thornburg Income Builder Opportunities Trust has a 12-month low of $13.44 and a 12-month high of $17.89. The business has a 50 day moving average of $16.80 and a 200-day moving average of $16.24.

Thornburg Income Builder Opportunities Trust Increases Dividend

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

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.