Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Insider Acquires $76,368.00 in Stock

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) insider Anne Kritzmire acquired 3,440 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was purchased at an average cost of $22.20 per share, with a total value of $76,368.00. Following the purchase, the insider directly owned 4,840 shares in the company, valued at approximately $107,448. This trade represents a 245.71% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Thornburg Income Builder Opportunities Trust Stock Performance

TBLD stock traded up $0.34 during trading hours on Wednesday, hitting $22.36. The company’s stock had a trading volume of 34,282 shares, compared to its average volume of 58,754. Thornburg Income Builder Opportunities Trust has a 12 month low of $19.48 and a 12 month high of $23.02. The stock has a 50 day moving average price of $21.96 and a two-hundred day moving average price of $21.89.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 13th will be paid a $0.1042 dividend. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Thursday, August 13th.

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada increased its stake in shares of Thornburg Income Builder Opportunities Trust by 2.5% during the first quarter. Royal Bank of Canada now owns 340,717 shares of the company’s stock worth $6,112,000 after purchasing an additional 8,449 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Thornburg Income Builder Opportunities Trust by 10.2% in the 2nd quarter. NewEdge Advisors LLC now owns 16,253 shares of the company’s stock worth $319,000 after purchasing an additional 1,500 shares in the last quarter. Raymond James Financial Inc. increased its stake in Thornburg Income Builder Opportunities Trust by 8.6% in the 2nd quarter. Raymond James Financial Inc. now owns 826,592 shares of the company’s stock valued at $16,218,000 after buying an additional 65,755 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of Thornburg Income Builder Opportunities Trust in the second quarter valued at $120,000. Finally, Osaic Holdings Inc. boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 4.1% in the second quarter. Osaic Holdings Inc. now owns 27,213 shares of the company’s stock worth $534,000 after acquiring an additional 1,072 shares during the period.

Thornburg Income Builder Opportunities Trust Company Profile

Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) is a closed-end management investment company that seeks to provide a high level of total return, with an emphasis on current income and the potential for capital appreciation. Listed on the NASDAQ, the Trust offers investors access to a managed portfolio that combines income-generating securities with opportunistic equity and convertible instruments. By blending diverse asset types, the Trust aims to balance yield objectives with capital growth prospects over a full market cycle.

The Trust’s investment approach centers on assembling a diversified mix of high-yield bonds, preferred securities, convertible debt and common stocks across U.S.