Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Insider Anne Kritzmire Buys 3,440 Shares of Stock

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) insider Anne Kritzmire acquired 3,440 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were acquired at an average cost of $22.20 per share, for a total transaction of $76,368.00. Following the completion of the transaction, the insider directly owned 4,840 shares of the company’s stock, valued at $107,448. The trade was a 245.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of NASDAQ:TBLD opened at $22.36 on Thursday. The business has a 50-day simple moving average of $21.98 and a two-hundred day simple moving average of $21.89. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $19.48 and a fifty-two week high of $23.02.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 13th will be paid a $0.1042 dividend. The ex-dividend date is Thursday, August 13th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. grew its position in Thornburg Income Builder Opportunities Trust by 0.8% in the 4th quarter. Invesco Ltd. now owns 67,054 shares of the company’s stock worth $1,348,000 after purchasing an additional 552 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of Thornburg Income Builder Opportunities Trust by 0.7% during the 4th quarter. Kestra Advisory Services LLC now owns 91,398 shares of the company’s stock valued at $1,837,000 after buying an additional 599 shares during the period. Comerica Bank boosted its stake in shares of Thornburg Income Builder Opportunities Trust by 2.5% in the 4th quarter. Comerica Bank now owns 24,200 shares of the company’s stock worth $486,000 after buying an additional 600 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Thornburg Income Builder Opportunities Trust by 3.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 22,250 shares of the company’s stock worth $447,000 after buying an additional 790 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Thornburg Income Builder Opportunities Trust by 5.5% in the third quarter. NewEdge Advisors LLC now owns 17,153 shares of the company’s stock worth $341,000 after acquiring an additional 900 shares during the period.

Thornburg Income Builder Opportunities Trust Company 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.