PMG Family Office LLC Purchases Shares of 47,565 Thornburg Income Builder Opportunities Trust $TBLD

PMG Family Office LLC purchased a new position in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) during the 3rd quarter, Holdings Channel reports. The fund purchased 47,565 shares of the company’s stock, valued at approximately $946,000.

Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the second quarter valued at about $120,000. Envestnet Asset Management Inc. acquired a new position in Thornburg Income Builder Opportunities Trust during the third quarter valued at approximately $207,000. Hicks Capital Management LLC increased its position in shares of Thornburg Income Builder Opportunities Trust by 8.4% during the 3rd quarter. Hicks Capital Management LLC now owns 12,856 shares of the company’s stock worth $256,000 after purchasing an additional 1,000 shares during the last quarter. Calamos Advisors LLC increased its position in shares of Thornburg Income Builder Opportunities Trust by 21.7% during the 3rd quarter. Calamos Advisors LLC now owns 13,728 shares of the company’s stock worth $273,000 after purchasing an additional 2,450 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust during the 3rd quarter worth approximately $294,000.

Thornburg Income Builder Opportunities Trust Price Performance

NASDAQ TBLD opened at $21.54 on Thursday. Thornburg Income Builder Opportunities Trust has a 12 month low of $15.94 and a 12 month high of $23.02. The stock has a 50 day moving average of $21.44 and a 200-day moving average of $20.51.

Thornburg Income Builder Opportunities Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 20th. Shareholders of record on Thursday, March 12th will be paid a $0.1042 dividend. The ex-dividend date is Thursday, March 12th. This represents a c) dividend on an annualized basis and a yield of 5.8%.

About Thornburg Income Builder Opportunities Trust

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.