Wolverine Asset Management LLC Takes $1.40 Million Position in Thornburg Income Builder Opportunities Trust $TBLD

Wolverine Asset Management LLC acquired a new stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 69,875 shares of the company’s stock, valued at approximately $1,404,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. DKM Wealth Management Inc. increased its holdings in Thornburg Income Builder Opportunities Trust by 1.3% in the fourth quarter. DKM Wealth Management Inc. now owns 952,992 shares of the company’s stock valued at $19,155,000 after purchasing an additional 11,919 shares during the period. Raymond James Financial Inc. increased its holdings in Thornburg Income Builder Opportunities Trust by 0.5% in the third quarter. Raymond James Financial Inc. now owns 831,007 shares of the company’s stock valued at $16,529,000 after purchasing an additional 4,415 shares during the period. Advisors Asset Management Inc. increased its holdings in Thornburg Income Builder Opportunities Trust by 7.1% in the third quarter. Advisors Asset Management Inc. now owns 606,770 shares of the company’s stock valued at $12,069,000 after purchasing an additional 40,139 shares during the period. Kera Capital Partners Inc. increased its holdings in Thornburg Income Builder Opportunities Trust by 129.8% in the third quarter. Kera Capital Partners Inc. now owns 401,619 shares of the company’s stock valued at $7,988,000 after purchasing an additional 226,880 shares during the period. Finally, Royal Bank of Canada increased its holdings in Thornburg Income Builder Opportunities Trust by 2.5% in the first quarter. Royal Bank of Canada now owns 340,717 shares of the company’s stock valued at $6,112,000 after purchasing an additional 8,449 shares during the period.

Thornburg Income Builder Opportunities Trust Stock Performance

NASDAQ TBLD opened at $21.91 on Wednesday. Thornburg Income Builder Opportunities Trust has a twelve month low of $18.00 and a twelve month high of $23.02. The stock has a fifty day simple moving average of $21.69 and a 200 day simple moving average of $20.87.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Monday, May 11th will be given a dividend of $0.1042 per share. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Monday, May 11th.

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.