Insider Buying: Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Insider Purchases $16,400.00 in Stock

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) insider Anne W. Kritzmire bought 1,000 shares of the business’s stock in a transaction that occurred on Thursday, July 18th. The shares were acquired at an average price of $16.40 per share, with a total value of $16,400.00. Following the transaction, the insider now directly owns 1,400 shares of the company’s stock, valued at approximately $22,960. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Thornburg Income Builder Opportunities Trust Price Performance

NASDAQ TBLD opened at $16.05 on Thursday. Thornburg Income Builder Opportunities Trust has a 12 month low of $13.44 and a 12 month high of $16.86. The stock’s 50 day moving average is $16.17 and its 200 day moving average is $15.90.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 19th. Investors of record on Thursday, July 11th were given a dividend of $0.1042 per share. The ex-dividend date was Thursday, July 11th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.79%.

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

Institutional investors have recently bought and sold shares of the stock. SOA Wealth Advisors LLC. bought a new position in shares of Thornburg Income Builder Opportunities Trust during the 2nd quarter valued at about $26,000. Redmont Wealth Advisors LLC bought a new position in Thornburg Income Builder Opportunities Trust during the first quarter valued at approximately $32,000. Blue Bell Private Wealth Management LLC purchased a new position in Thornburg Income Builder Opportunities Trust during the 1st quarter valued at approximately $64,000. Prosperity Consulting Group LLC purchased a new position in Thornburg Income Builder Opportunities Trust during the 1st quarter valued at approximately $162,000. Finally, Bright Futures Wealth Management LLC. bought a new stake in Thornburg Income Builder Opportunities Trust in the 1st quarter worth approximately $186,000.

Thornburg Income Builder Opportunities Trust Company Profile

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.