Wolverine Asset Management LLC Buys Shares of 69,875 Thornburg Income Builder Opportunities Trust $TBLD

Wolverine Asset Management LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the fourth quarter, Holdings Channel.com reports. The fund bought 69,875 shares of the company’s stock, valued at approximately $1,404,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TBLD. Kera Capital Partners Inc. grew its holdings in Thornburg Income Builder Opportunities Trust by 129.8% during the 3rd quarter. Kera Capital Partners Inc. now owns 401,619 shares of the company’s stock worth $7,988,000 after acquiring an additional 226,880 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Thornburg Income Builder Opportunities Trust by 128.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 120,403 shares of the company’s stock worth $2,436,000 after acquiring an additional 67,800 shares during the period. Raymond James Financial Inc. grew its holdings in Thornburg Income Builder Opportunities Trust by 8.6% during the 2nd quarter. Raymond James Financial Inc. now owns 826,592 shares of the company’s stock worth $16,218,000 after acquiring an additional 65,755 shares during the period. Shaker Financial Services LLC acquired a new stake in Thornburg Income Builder Opportunities Trust during the 4th quarter worth about $1,109,000. Finally, Concurrent Investment Advisors LLC grew its holdings in Thornburg Income Builder Opportunities Trust by 253.7% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 73,529 shares of the company’s stock worth $1,462,000 after acquiring an additional 52,738 shares during the period.

Thornburg Income Builder Opportunities Trust Trading Up 0.7%

Shares of Thornburg Income Builder Opportunities Trust stock opened at $21.91 on Wednesday. The business has a 50-day moving average price of $21.69 and a two-hundred day moving average price of $20.87. Thornburg Income Builder Opportunities Trust has a 1-year low of $18.00 and a 1-year high of $23.02.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Monday, May 11th will be given a dividend of $0.1042 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a c) annualized dividend and a dividend yield of 5.7%.

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.