Gill Capital Partners LLC Sells 4,712 Shares of Putnam Master Intermediate Income Trust (NYSE:PIM)

Gill Capital Partners LLC trimmed its stake in shares of Putnam Master Intermediate Income Trust (NYSE:PIM) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 174,787 shares of the company’s stock after selling 4,712 shares during the quarter. Gill Capital Partners LLC’s holdings in Putnam Master Intermediate Income Trust were worth $570,000 as of its most recent filing with the SEC.

Separately, Stifel Financial Corp increased its holdings in shares of Putnam Master Intermediate Income Trust by 317.7% in the third quarter. Stifel Financial Corp now owns 43,122 shares of the company’s stock worth $146,000 after purchasing an additional 32,798 shares during the period. 55.06% of the stock is owned by institutional investors and hedge funds.

Putnam Master Intermediate Income Trust Stock Performance

Shares of PIM stock opened at $3.28 on Friday. Putnam Master Intermediate Income Trust has a 52-week low of $3.04 and a 52-week high of $3.45. The business’s fifty day moving average is $3.27 and its 200 day moving average is $3.30.

Putnam Master Intermediate Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 24th will be given a dividend of $0.022 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 8.05%.

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.