Kera Capital Partners Inc. Invests $2.51 Million in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Kera Capital Partners Inc. bought a new stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the 4th quarter, Holdings Channel.com reports. The fund bought 154,192 shares of the company’s stock, valued at approximately $2,510,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TBLD. Janney Montgomery Scott LLC boosted its position in shares of Thornburg Income Builder Opportunities Trust by 3.1% during the third quarter. Janney Montgomery Scott LLC now owns 61,001 shares of the company’s stock worth $1,087,000 after buying an additional 1,861 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Thornburg Income Builder Opportunities Trust by 13.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock valued at $396,000 after acquiring an additional 2,900 shares during the period. Oppenheimer & Co. Inc. grew its position in Thornburg Income Builder Opportunities Trust by 10.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock valued at $674,000 after acquiring an additional 3,500 shares in the last quarter. Hunter Associates Investment Management LLC increased its stake in Thornburg Income Builder Opportunities Trust by 23.4% during the third quarter. Hunter Associates Investment Management LLC now owns 20,400 shares of the company’s stock worth $362,000 after purchasing an additional 3,875 shares during the period. Finally, Private Advisor Group LLC lifted its position in shares of Thornburg Income Builder Opportunities Trust by 5.9% during the third quarter. Private Advisor Group LLC now owns 117,706 shares of the company’s stock worth $2,098,000 after purchasing an additional 6,538 shares in the last quarter.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of TBLD stock opened at $16.78 on Friday. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $15.14 and a fifty-two week high of $17.89. The company has a 50 day moving average price of $16.53 and a 200 day moving average price of $16.82.

Thornburg Income Builder Opportunities Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Monday, December 30th will be paid a $0.1042 dividend. The ex-dividend date is Monday, December 30th. This represents a $1.25 annualized dividend and a dividend yield of 7.45%.

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.