Hunter Associates Investment Management LLC Invests $242,000 in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Hunter Associates Investment Management LLC acquired a new position in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 15,625 shares of the company’s stock, valued at approximately $242,000.

Several other hedge funds have also added to or reduced their stakes in the business. UBS Group AG lifted its stake in Thornburg Income Builder Opportunities Trust by 17.2% in the third quarter. UBS Group AG now owns 1,174,229 shares of the company’s stock worth $17,144,000 after purchasing an additional 172,030 shares during the last quarter. Saba Capital Management L.P. increased its position in shares of Thornburg Income Builder Opportunities Trust by 20.9% in the third quarter. Saba Capital Management L.P. now owns 666,554 shares of the company’s stock valued at $9,732,000 after acquiring an additional 115,220 shares during the period. Advisors Asset Management Inc. increased its position in shares of Thornburg Income Builder Opportunities Trust by 23.9% in the third quarter. Advisors Asset Management Inc. now owns 532,052 shares of the company’s stock valued at $7,768,000 after acquiring an additional 102,634 shares during the period. Royal Bank of Canada increased its position in shares of Thornburg Income Builder Opportunities Trust by 42.6% in the third quarter. Royal Bank of Canada now owns 521,123 shares of the company’s stock valued at $7,609,000 after acquiring an additional 155,693 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of Thornburg Income Builder Opportunities Trust by 45.7% in the second quarter. Wells Fargo & Company MN now owns 389,077 shares of the company’s stock valued at $5,926,000 after acquiring an additional 121,978 shares during the period.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of TBLD stock traded down $0.02 during mid-day trading on Friday, reaching $15.39. The stock had a trading volume of 86,976 shares, compared to its average volume of 88,868. The stock’s 50-day moving average price is $15.86 and its two-hundred day moving average price is $15.35. Thornburg Income Builder Opportunities Trust has a 52-week low of $13.44 and a 52-week high of $16.71.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 19th. Investors of record on Thursday, April 11th were given a dividend of $0.1042 per share. This represents a $1.25 annualized dividend and a dividend yield of 8.12%. The ex-dividend date of this dividend was Wednesday, April 10th.

Thornburg Income Builder Opportunities Trust Profile

The Trust is a global, multi-asset, actively managed portfolio that seeks to generate an attractive income stream by providing investors differentiated access to a dynamic blend of income generating investments. Thornburg believes that markets are inefficient with respect to the assessment of risk and reward due to the siloed nature of multi-asset analysis.