Advisors Asset Management Inc. Buys 23,791 Shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Advisors Asset Management Inc. grew its stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 4.6% during the fourth quarter, HoldingsChannel reports. The firm owned 542,284 shares of the company’s stock after purchasing an additional 23,791 shares during the quarter. Advisors Asset Management Inc.’s holdings in Thornburg Income Builder Opportunities Trust were worth $8,828,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of TBLD. Raymond James Financial Inc. purchased a new position in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter worth approximately $11,365,000. Kera Capital Partners Inc. purchased a new stake in Thornburg Income Builder Opportunities Trust in the fourth quarter worth $2,510,000. Stifel Financial Corp raised its holdings in Thornburg Income Builder Opportunities Trust by 25.1% in the third quarter. Stifel Financial Corp now owns 480,098 shares of the company’s stock worth $8,555,000 after purchasing an additional 96,448 shares in the last quarter. Wolverine Asset Management LLC bought a new position in Thornburg Income Builder Opportunities Trust in the fourth quarter worth $1,165,000. Finally, Rockefeller Capital Management L.P. lifted its position in Thornburg Income Builder Opportunities Trust by 77.8% during the third quarter. Rockefeller Capital Management L.P. now owns 107,283 shares of the company’s stock valued at $1,912,000 after buying an additional 46,958 shares during the period.

Thornburg Income Builder Opportunities Trust Stock Up 0.6 %

NASDAQ:TBLD opened at $17.67 on Wednesday. The firm’s 50-day moving average price is $17.18 and its 200-day moving average price is $17.05. Thornburg Income Builder Opportunities Trust has a 1-year low of $15.19 and a 1-year high of $17.89.

Thornburg Income Builder Opportunities Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 13th will be issued a $0.1042 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date of this dividend is Thursday, March 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.