Sanctuary Advisors LLC Has $2.72 Million Stock Holdings in Thornburg Income Builder Opportunities Trust $TBLD

Sanctuary Advisors LLC lifted its position in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 50.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 128,476 shares of the company’s stock after buying an additional 42,898 shares during the quarter. Sanctuary Advisors LLC’s holdings in Thornburg Income Builder Opportunities Trust were worth $2,717,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Webster Bank N. A. bought a new position in Thornburg Income Builder Opportunities Trust in the 4th quarter valued at approximately $60,000. Bank of America Corp DE bought a new stake in Thornburg Income Builder Opportunities Trust during the 2nd quarter worth approximately $120,000. Envestnet Asset Management Inc. bought a new stake in Thornburg Income Builder Opportunities Trust during the 3rd quarter worth approximately $207,000. KW Wealth Management LLC acquired a new position in Thornburg Income Builder Opportunities Trust in the 4th quarter valued at approximately $283,000. Finally, Virtu Financial LLC acquired a new position in Thornburg Income Builder Opportunities Trust in the 3rd quarter valued at approximately $294,000.

Thornburg Income Builder Opportunities Trust Stock Down 0.5%

TBLD stock opened at $21.95 on Tuesday. The company has a fifty day moving average price of $22.01 and a 200-day moving average price of $21.65. Thornburg Income Builder Opportunities Trust has a 52-week low of $19.04 and a 52-week high of $23.02.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 20th. Investors of record on Monday, July 13th were issued a $0.1042 dividend. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date was Monday, July 13th.

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.