Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Shares Sold by Financial Management Network Inc.

Financial Management Network Inc. decreased its stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 16.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 36,789 shares of the company’s stock after selling 7,222 shares during the period. Financial Management Network Inc.’s holdings in Thornburg Income Builder Opportunities Trust were worth $603,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of TBLD. Raymond James & Associates boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 67.4% in the 3rd quarter. Raymond James & Associates now owns 551,519 shares of the company’s stock valued at $9,828,000 after buying an additional 222,077 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 5.9% in the 3rd quarter. Private Advisor Group LLC now owns 117,706 shares of the company’s stock valued at $2,098,000 after buying an additional 6,538 shares in the last quarter. Hunter Associates Investment Management LLC boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 23.4% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 20,400 shares of the company’s stock valued at $362,000 after buying an additional 3,875 shares in the last quarter. Janney Montgomery Scott LLC raised its position in Thornburg Income Builder Opportunities Trust by 3.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 61,001 shares of the company’s stock valued at $1,087,000 after purchasing an additional 1,861 shares during the last quarter. Finally, Oppenheimer & Co. Inc. raised 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 purchasing an additional 3,500 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Trading Up 0.2 %

TBLD stock opened at $17.45 on Wednesday. The company has a fifty day moving average price of $16.71 and a 200 day moving average price of $16.94. Thornburg Income Builder Opportunities Trust has a 12 month low of $15.19 and a 12 month high of $17.89.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, February 13th will be given a $0.1042 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.25 annualized dividend and a yield of 7.16%.

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.