Consolidated Portfolio Review Corp Buys 26,024 Shares of Putnam Master Intermediate Income Trust (NYSE:PIM)

Consolidated Portfolio Review Corp raised its stake in shares of Putnam Master Intermediate Income Trust (NYSE:PIM) by 9.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 292,786 shares of the company’s stock after purchasing an additional 26,024 shares during the period. Consolidated Portfolio Review Corp owned 0.61% of Putnam Master Intermediate Income Trust worth $954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in PIM. Chicago Partners Investment Group LLC purchased a new stake in shares of Putnam Master Intermediate Income Trust in the fourth quarter worth about $33,000. Stifel Financial Corp increased its stake in Putnam Master Intermediate Income Trust by 317.7% in the 3rd quarter. Stifel Financial Corp now owns 43,122 shares of the company’s stock worth $146,000 after acquiring an additional 32,798 shares during the last quarter. Fortitude Advisory Group L.L.C. raised its holdings in shares of Putnam Master Intermediate Income Trust by 9.2% during the 4th quarter. Fortitude Advisory Group L.L.C. now owns 52,819 shares of the company’s stock worth $172,000 after acquiring an additional 4,464 shares in the last quarter. Melfa Wealth Management Inc. boosted its position in shares of Putnam Master Intermediate Income Trust by 10.1% during the 4th quarter. Melfa Wealth Management Inc. now owns 81,613 shares of the company’s stock valued at $266,000 after acquiring an additional 7,500 shares during the last quarter. Finally, Transform Wealth LLC purchased a new position in shares of Putnam Master Intermediate Income Trust in the fourth quarter valued at $555,000. Institutional investors own 55.06% of the company’s stock.

Putnam Master Intermediate Income Trust Stock Performance

Shares of PIM opened at $3.33 on Friday. The company’s fifty day moving average is $3.29 and its 200 day moving average is $3.31. Putnam Master Intermediate Income Trust has a fifty-two week low of $3.04 and a fifty-two week high of $3.45.

Putnam Master Intermediate Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 24th were given a dividend of $0.022 per share. This represents a $0.26 annualized dividend and a dividend yield of 7.94%. The ex-dividend date of this dividend was Friday, January 24th.

Putnam Master Intermediate Income Trust Profile

Putnam Master Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.