Hennion & Walsh Asset Management Inc. Increases Holdings in Thornburg Income Builder Opportunities Trust $TBLD

Hennion & Walsh Asset Management Inc. increased its position in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 58.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,503 shares of the company’s stock after purchasing an additional 31,046 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Thornburg Income Builder Opportunities Trust were worth $1,699,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in shares of Thornburg Income Builder Opportunities Trust by 2.5% in the 1st quarter. Royal Bank of Canada now owns 340,717 shares of the company’s stock worth $6,112,000 after buying an additional 8,449 shares during the period. Steward Partners Investment Advisory LLC grew its position in shares of Thornburg Income Builder Opportunities Trust by 76.9% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 19,443 shares of the company’s stock worth $381,000 after buying an additional 8,455 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. increased its stake in shares of Thornburg Income Builder Opportunities Trust by 17.0% during the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 214,693 shares of the company’s stock valued at $4,212,000 after buying an additional 31,132 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 10.2% in the second quarter. NewEdge Advisors LLC now owns 16,253 shares of the company’s stock valued at $319,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 8.6% in the second quarter. Raymond James Financial Inc. now owns 826,592 shares of the company’s stock valued at $16,218,000 after acquiring an additional 65,755 shares in the last quarter.

Thornburg Income Builder Opportunities Trust Stock Up 1.1%

NASDAQ:TBLD opened at $21.38 on Thursday. Thornburg Income Builder Opportunities Trust has a 1-year low of $15.94 and a 1-year high of $23.02. The company has a 50-day moving average of $21.56 and a 200 day moving average of $20.59.

Thornburg Income Builder Opportunities Trust Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 20th. Stockholders of record on Thursday, March 12th were issued a $0.1042 dividend. The ex-dividend date was Thursday, March 12th. This represents a c) annualized dividend and a dividend yield of 5.8%.

About Thornburg Income Builder Opportunities Trust

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.