UBS Group AG Acquires 14,977 Shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

UBS Group AG raised its stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD – Get Rating) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 894,946 shares of the company’s stock after purchasing an additional 14,977 shares during the period. UBS Group AG’s holdings in Thornburg Income Builder Opportunities Trust were worth $12,780,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Shaker Financial Services LLC lifted its stake in shares of Thornburg Income Builder Opportunities Trust by 176.3% in the fourth quarter. Shaker Financial Services LLC now owns 40,063 shares of the company’s stock worth $572,000 after acquiring an additional 25,563 shares during the period. Wolverine Asset Management LLC increased its position in shares of Thornburg Income Builder Opportunities Trust by 57.8% during the third quarter. Wolverine Asset Management LLC now owns 297,180 shares of the company’s stock worth $3,786,000 after buying an additional 108,854 shares during the period. 1607 Capital Partners LLC raised its stake in Thornburg Income Builder Opportunities Trust by 130.9% during the third quarter. 1607 Capital Partners LLC now owns 178,767 shares of the company’s stock worth $2,277,000 after buying an additional 101,333 shares during the last quarter. Royal Bank of Canada lifted its holdings in Thornburg Income Builder Opportunities Trust by 29.1% in the third quarter. Royal Bank of Canada now owns 154,548 shares of the company’s stock valued at $1,969,000 after buying an additional 34,801 shares during the period. Finally, LPL Financial LLC acquired a new position in Thornburg Income Builder Opportunities Trust in the fourth quarter valued at $357,000.

Thornburg Income Builder Opportunities Trust Price Performance

TBLD stock opened at $15.04 on Monday. The stock has a 50-day simple moving average of $15.21. Thornburg Income Builder Opportunities Trust has a 1-year low of $12.45 and a 1-year high of $16.19.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, May 19th. Shareholders of record on Thursday, May 11th were issued a dividend of $0.104 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 8.30%. The ex-dividend date was Wednesday, May 10th.

Thornburg Income Builder Opportunities Trust Profile

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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.