Sanctuary Advisors LLC Acquires New Position in Thornburg Income Builder Opportunities Trust $TBLD

Sanctuary Advisors LLC acquired a new position in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the 2nd quarter, HoldingsChannel reports. The firm acquired 139,471 shares of the company’s stock, valued at approximately $3,078,000.

A number of other institutional investors also recently bought and sold shares of TBLD. Evolve Private Wealth LLC acquired a new position in Thornburg Income Builder Opportunities Trust in the 4th quarter valued at about $1,693,000. Wolverine Asset Management LLC acquired a new stake in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter worth approximately $1,404,000. Advisors Asset Management Inc. raised its position in shares of Thornburg Income Builder Opportunities Trust by 11.3% during the 4th quarter. Advisors Asset Management Inc. now owns 675,405 shares of the company’s stock valued at $13,576,000 after buying an additional 68,635 shares during the period. Raymond James Financial Inc. raised its position in shares of Thornburg Income Builder Opportunities Trust by 8.6% during the 2nd quarter. Raymond James Financial Inc. now owns 826,592 shares of the company’s stock valued at $16,218,000 after buying an additional 65,755 shares during the period. Finally, Readystate Asset Management LP purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter valued at approximately $955,000.

Insider Activity at Thornburg Income Builder Opportunities Trust

In other Thornburg Income Builder Opportunities Trust news, insider Anne W. Kritzmire purchased 3,440 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were acquired at an average price of $22.20 per share, with a total value of $76,368.00. Following the purchase, the insider directly owned 4,840 shares in the company, valued at approximately $107,448. This trade represents a 245.71% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Thornburg Income Builder Opportunities Trust Trading Up 0.2%

TBLD opened at $22.28 on Wednesday. Thornburg Income Builder Opportunities Trust has a one year low of $19.48 and a one year high of $23.02. The business’s 50 day moving average price is $22.01 and its 200 day moving average price is $21.92.

Thornburg Income Builder Opportunities Trust Announces Dividend

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

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.