Advisors Asset Management Inc. Has $12.07 Million Position in Thornburg Income Builder Opportunities Trust $TBLD

Advisors Asset Management Inc. boosted its stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 7.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 606,770 shares of the company’s stock after purchasing an additional 40,139 shares during the quarter. Advisors Asset Management Inc.’s holdings in Thornburg Income Builder Opportunities Trust were worth $12,069,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of TBLD. Kera Capital Partners Inc. lifted its holdings in shares of Thornburg Income Builder Opportunities Trust by 129.8% during the third quarter. Kera Capital Partners Inc. now owns 401,619 shares of the company’s stock worth $7,988,000 after buying an additional 226,880 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Thornburg Income Builder Opportunities Trust by 128.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 120,403 shares of the company’s stock worth $2,436,000 after acquiring an additional 67,800 shares during the period. Raymond James Financial Inc. increased its position in Thornburg Income Builder Opportunities Trust by 8.6% during the second quarter. Raymond James Financial Inc. now owns 826,592 shares of the company’s stock worth $16,218,000 after acquiring an additional 65,755 shares during the period. Concurrent Investment Advisors LLC raised its stake in Thornburg Income Builder Opportunities Trust by 253.7% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 73,529 shares of the company’s stock valued at $1,462,000 after purchasing an additional 52,738 shares during the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. boosted its holdings in Thornburg Income Builder Opportunities Trust by 17.0% in the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 214,693 shares of the company’s stock valued at $4,212,000 after purchasing an additional 31,132 shares during the period.

Thornburg Income Builder Opportunities Trust Stock Performance

NASDAQ TBLD opened at $21.88 on Wednesday. The company’s fifty day moving average is $20.39 and its two-hundred day moving average is $20.13. Thornburg Income Builder Opportunities Trust has a 52-week low of $15.94 and a 52-week high of $22.05.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, February 20th. Investors of record on Thursday, February 12th will be paid a dividend of $0.1042 per share. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date is Thursday, February 12th.

Thornburg Income Builder Opportunities Trust 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.