Mezzasalma Advisors LLC Purchases New Position in Putnam Master Intermediate Income Trust (NYSE:PIM)

Mezzasalma Advisors LLC acquired a new position in Putnam Master Intermediate Income Trust (NYSE:PIM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 59,134 shares of the company’s stock, valued at approximately $193,000. Mezzasalma Advisors LLC owned about 0.12% of Putnam Master Intermediate Income Trust as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Chicago Partners Investment Group LLC purchased a new stake in Putnam Master Intermediate Income Trust in the 4th quarter valued at $33,000. Stifel Financial Corp lifted its position in shares of Putnam Master Intermediate Income Trust by 317.7% during the third quarter. Stifel Financial Corp now owns 43,122 shares of the company’s stock valued at $146,000 after purchasing an additional 32,798 shares in the last quarter. Fortitude Advisory Group L.L.C. increased its stake in Putnam Master Intermediate Income Trust by 9.2% in the 4th quarter. Fortitude Advisory Group L.L.C. now owns 52,819 shares of the company’s stock valued at $172,000 after buying an additional 4,464 shares during the last quarter. Melfa Wealth Management Inc. lifted 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 worth $266,000 after buying an additional 7,500 shares in the last quarter. Finally, Transform Wealth LLC purchased a new position in shares of Putnam Master Intermediate Income Trust in the 4th quarter worth approximately $555,000. Institutional investors own 55.06% of the company’s stock.

Putnam Master Intermediate Income Trust Stock Down 0.7 %

Shares of PIM opened at $3.33 on Friday. The stock has a 50 day moving average of $3.29 and a 200 day moving average of $3.31. Putnam Master Intermediate Income Trust has a 12 month low of $3.04 and a 12 month 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 paid a dividend of $0.022 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 7.94%. The ex-dividend date of this dividend was Friday, January 24th.

About Putnam Master Intermediate Income Trust

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.