Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD – Get Free Report)’s stock price passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $20.59 and traded as high as $20.62. Thornburg Income Builder Opportunities Trust shares last traded at $20.60, with a volume of 15,846 shares trading hands.
Thornburg Income Builder Opportunities Trust Stock Performance
The firm has a 50-day moving average of $20.59 and a 200 day moving average of $21.58.
Thornburg Income Builder Opportunities Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Friday, November 20th. Shareholders of record on Thursday, November 12th will be paid a $0.1042 dividend. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $1.25 annualized dividend and a yield of 6.1%.
Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust
A number of institutional investors and hedge funds have recently modified their holdings of the business. DKM Wealth Management Inc. increased its stake in shares of Thornburg Income Builder Opportunities Trust by 1.6% in the 3rd quarter. DKM Wealth Management Inc. now owns 973,499 shares of the company’s stock valued at $19,782,000 after acquiring an additional 15,726 shares in the last quarter. Atlas Wealth LLC boosted its stake in Thornburg Income Builder Opportunities Trust by 3.0% during the third quarter. Atlas Wealth LLC now owns 732,040 shares of the company’s stock worth $14,875,000 after acquiring an additional 21,147 shares in the last quarter. Kera Capital Partners Inc. boosted its stake in Thornburg Income Builder Opportunities Trust by 4.2% during the first quarter. Kera Capital Partners Inc. now owns 453,342 shares of the company’s stock worth $9,586,000 after acquiring an additional 18,441 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in Thornburg Income Builder Opportunities Trust in the third quarter valued at $8,937,000. Finally, Shaker Financial Services LLC bought a new stake in Thornburg Income Builder Opportunities Trust in the third quarter valued at $4,335,000.
About Thornburg Income Builder Opportunities Trust
Thornburg Income Builder Opportunities Trust is a diversified closed-end investment fund managed by Thornburg Investment Management. The fund seeks to provide current income and long-term capital appreciation through a portfolio of income-producing investments. Its investments may include global equities and fixed-income securities, giving the fund flexibility to allocate across asset classes, industries and regions. The trust began operations in 2021 and is managed by Thornburg Investment Management, an investment firm based in Santa Fe, New Mexico.
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