Weaver Consulting Group Buys New Stake in Putnam Mast Int $PIM

Weaver Consulting Group purchased a new stake in shares of Putnam Mast Int (NYSE:PIM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 32,500 shares of the company’s stock, valued at approximately $109,000. Weaver Consulting Group owned 0.07% of Putnam Mast Int as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sit Investment Associates Inc. raised its position in shares of Putnam Mast Int by 0.4% in the first quarter. Sit Investment Associates Inc. now owns 23,075,285 shares of the company’s stock worth $76,610,000 after acquiring an additional 90,977 shares during the period. Ethos Financial Group LLC purchased a new position in shares of Putnam Mast Int in the 1st quarter valued at about $169,000. WealthTrust Axiom LLC increased its stake in shares of Putnam Mast Int by 98.7% in the 1st quarter. WealthTrust Axiom LLC now owns 27,000 shares of the company’s stock valued at $90,000 after purchasing an additional 13,411 shares in the last quarter. Balefire LLC acquired a new position in Putnam Mast Int in the 2nd quarter worth about $35,000. Finally, Consolidated Portfolio Review Corp boosted its position in Putnam Mast Int by 10.3% during the second quarter. Consolidated Portfolio Review Corp now owns 363,197 shares of the company’s stock worth $1,217,000 after purchasing an additional 33,878 shares in the last quarter. Hedge funds and other institutional investors own 55.06% of the company’s stock.

Putnam Mast Int Price Performance

Shares of PIM opened at $3.32 on Friday. Putnam Mast Int has a 12 month low of $3.14 and a 12 month high of $3.50. The stock’s 50 day moving average is $3.39 and its two-hundred day moving average is $3.36.

Putnam Mast Int Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be paid a $0.022 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 8.0%.

About Putnam Mast Int

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.