PMG Family Office LLC Makes New Investment in Thornburg Income Builder Opportunities Trust $TBLD

PMG Family Office LLC purchased a new stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 47,565 shares of the company’s stock, valued at approximately $946,000.

Several other large investors also recently made changes to their positions in the stock. Bank of America Corp DE acquired a new stake in shares of Thornburg Income Builder Opportunities Trust during the second quarter worth $120,000. Envestnet Asset Management Inc. acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the 3rd quarter valued at about $207,000. Hicks Capital Management LLC raised its stake in shares of Thornburg Income Builder Opportunities Trust by 8.4% in the 3rd quarter. Hicks Capital Management LLC now owns 12,856 shares of the company’s stock valued at $256,000 after purchasing an additional 1,000 shares during the period. Calamos Advisors LLC lifted its holdings in shares of Thornburg Income Builder Opportunities Trust by 21.7% in the third quarter. Calamos Advisors LLC now owns 13,728 shares of the company’s stock valued at $273,000 after purchasing an additional 2,450 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust in the third quarter valued at about $294,000.

Thornburg Income Builder Opportunities Trust Stock Down 0.4%

TBLD stock opened at $21.54 on Thursday. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $15.94 and a fifty-two week high of $23.02. The business has a 50-day moving average of $21.44 and a 200-day moving average of $20.51.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, March 20th. Shareholders of record on Thursday, March 12th will be given a dividend of $0.1042 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a c) dividend on an annualized basis and a yield of 5.8%.

Thornburg Income Builder Opportunities Trust Profile

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.