SouthState Corp Makes New $87,000 Investment in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

SouthState Corp bought a new position in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 5,371 shares of the company’s stock, valued at approximately $87,000.

Several other institutional investors have also made changes to their positions in TBLD. Silver Oak Securities Incorporated purchased a new stake in shares of Thornburg Income Builder Opportunities Trust in the 4th quarter valued at approximately $183,000. Calamos Advisors LLC lifted its stake in Thornburg Income Builder Opportunities Trust by 23.8% in the 4th quarter. Calamos Advisors LLC now owns 12,748 shares of the company’s stock worth $208,000 after acquiring an additional 2,450 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Thornburg Income Builder Opportunities Trust by 16.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 22,085 shares of the company’s stock worth $360,000 after acquiring an additional 3,152 shares during the period. Blue Bell Private Wealth Management LLC grew its stake in Thornburg Income Builder Opportunities Trust by 9.8% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 32,680 shares of the company’s stock valued at $532,000 after acquiring an additional 2,918 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of Thornburg Income Builder Opportunities Trust by 10.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock valued at $674,000 after purchasing an additional 3,500 shares during the period.

Thornburg Income Builder Opportunities Trust Stock Performance

TBLD stock opened at $17.56 on Tuesday. The firm has a 50 day simple moving average of $17.15 and a 200 day simple moving average of $17.05. Thornburg Income Builder Opportunities Trust has a 52 week low of $15.19 and a 52 week high of $17.89.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.1042 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.12%. The ex-dividend date of this dividend is Thursday, March 13th.

Thornburg Income Builder Opportunities Trust 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.