Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Insider Purchases $76,368.00 in Stock

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) insider Anne Kritzmire bought 3,440 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was purchased at an average cost of $22.20 per share, for a total transaction of $76,368.00. Following the completion of the transaction, the insider owned 4,840 shares of the company’s stock, valued at $107,448. This represents a 245.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Thornburg Income Builder Opportunities Trust Trading Up 0.2%

NASDAQ TBLD opened at $22.27 on Friday. The firm’s 50 day moving average price is $22.00 and its two-hundred day moving average price is $21.90. Thornburg Income Builder Opportunities Trust has a twelve month low of $19.48 and a twelve month high of $23.02.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 13th were given a dividend of $0.1042 per share. The ex-dividend date of this dividend was Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 5.6%.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

A number of institutional investors have recently modified their holdings of TBLD. Invesco Ltd. increased its stake in shares of Thornburg Income Builder Opportunities Trust by 0.8% in the fourth quarter. Invesco Ltd. now owns 67,054 shares of the company’s stock worth $1,348,000 after acquiring an additional 552 shares during the last quarter. Kestra Advisory Services LLC boosted its position in Thornburg Income Builder Opportunities Trust by 0.7% during the fourth quarter. Kestra Advisory Services LLC now owns 91,398 shares of the company’s stock valued at $1,837,000 after purchasing an additional 599 shares during the last quarter. Comerica Bank grew its stake in Thornburg Income Builder Opportunities Trust by 2.5% in the fourth quarter. Comerica Bank now owns 24,200 shares of the company’s stock valued at $486,000 after purchasing an additional 600 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in Thornburg Income Builder Opportunities Trust by 3.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 22,250 shares of the company’s stock valued at $447,000 after purchasing an additional 790 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in Thornburg Income Builder Opportunities Trust by 5.5% in the 3rd quarter. NewEdge Advisors LLC now owns 17,153 shares of the company’s stock worth $341,000 after purchasing an additional 900 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Company 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.