Janney Montgomery Scott LLC Has $1.09 Million Holdings in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Janney Montgomery Scott LLC boosted its stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 3.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,001 shares of the company’s stock after purchasing an additional 1,861 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Thornburg Income Builder Opportunities Trust were worth $1,087,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Calamos Advisors LLC bought a new position in Thornburg Income Builder Opportunities Trust in the second quarter valued at about $250,000. SOA Wealth Advisors LLC. bought a new stake in shares of Thornburg Income Builder Opportunities Trust during the second quarter worth about $26,000. Private Advisor Group LLC grew its holdings in shares of Thornburg Income Builder Opportunities Trust by 22.7% during the second quarter. Private Advisor Group LLC now owns 111,168 shares of the company’s stock worth $1,793,000 after purchasing an additional 20,553 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust during the second quarter worth about $2,350,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Thornburg Income Builder Opportunities Trust by 13.4% during the second quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock worth $396,000 after purchasing an additional 2,900 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Stock Performance

NASDAQ:TBLD opened at $16.56 on Friday. The stock’s 50-day moving average is $17.31 and its 200-day moving average is $16.64. Thornburg Income Builder Opportunities Trust has a 1-year low of $14.79 and a 1-year high of $17.89.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, November 20th. Investors of record on Tuesday, November 12th will be issued a $0.104 dividend. This represents a $1.25 annualized dividend and a yield of 7.54%. The ex-dividend date of this dividend is Tuesday, November 12th.

Thornburg Income Builder Opportunities Trust 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.