Allworth Financial LP Invests $27,000 in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Allworth Financial LP purchased a new position in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,500 shares of the company’s stock, valued at approximately $27,000.

Other hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC raised its position in shares of Thornburg Income Builder Opportunities Trust by 6.0% during the first quarter. Janney Montgomery Scott LLC now owns 64,231 shares of the company’s stock worth $1,152,000 after purchasing an additional 3,648 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of Thornburg Income Builder Opportunities Trust by 16.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 125,066 shares of the company’s stock worth $2,036,000 after purchasing an additional 17,783 shares during the period. LPL Financial LLC raised its position in shares of Thornburg Income Builder Opportunities Trust by 92.2% during the fourth quarter. LPL Financial LLC now owns 156,026 shares of the company’s stock worth $2,540,000 after purchasing an additional 74,826 shares during the period. Wedbush Securities Inc. raised its position in Thornburg Income Builder Opportunities Trust by 39.2% in the 4th quarter. Wedbush Securities Inc. now owns 42,171 shares of the company’s stock valued at $687,000 after buying an additional 11,880 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in Thornburg Income Builder Opportunities Trust in the 4th quarter valued at approximately $223,000.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of Thornburg Income Builder Opportunities Trust stock opened at $19.38 on Friday. The business’s 50 day simple moving average is $18.94 and its 200 day simple moving average is $17.89. Thornburg Income Builder Opportunities Trust has a 52-week low of $15.80 and a 52-week high of $20.55.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, July 21st. Shareholders of record on Friday, July 11th will be paid a $0.1042 dividend. The ex-dividend date is Friday, July 11th. This represents a $1.25 dividend on an annualized basis and a yield of 6.45%.

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.