Thomas J. Herzfeld Advisors Inc. Reduces Stock Position in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Thomas J. Herzfeld Advisors Inc. cut its stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 184,536 shares of the company’s stock after selling 4,882 shares during the quarter. Thomas J. Herzfeld Advisors Inc.’s holdings in Thornburg Income Builder Opportunities Trust were worth $3,004,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TBLD. SouthState Corp bought a new stake in Thornburg Income Builder Opportunities Trust during the 4th quarter worth approximately $87,000. Silver Oak Securities Incorporated purchased a new position in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter valued at $183,000. Calamos Advisors LLC increased its holdings in shares of Thornburg Income Builder Opportunities Trust by 23.8% in the fourth quarter. Calamos Advisors LLC now owns 12,748 shares of the company’s stock worth $208,000 after purchasing an additional 2,450 shares during the period. Virtu Financial LLC purchased a new stake in shares of Thornburg Income Builder Opportunities Trust in the fourth quarter worth $222,000. Finally, Commonwealth Equity Services LLC boosted its stake in Thornburg Income Builder Opportunities Trust by 16.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 22,085 shares of the company’s stock valued at $360,000 after buying an additional 3,152 shares during the period.

Thornburg Income Builder Opportunities Trust Stock Performance

Thornburg Income Builder Opportunities Trust stock opened at $17.94 on Tuesday. The business has a 50-day simple moving average of $17.41 and a 200 day simple moving average of $17.09. Thornburg Income Builder Opportunities Trust has a 52 week low of $15.19 and a 52 week high of $17.94.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 13th were given a $0.1042 dividend. This represents a $1.25 annualized dividend and a dividend yield of 6.97%. The ex-dividend date was Thursday, March 13th.

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.