Concurrent Investment Advisors LLC Acquires Shares of 20,791 Thornburg Income Builder Opportunities Trust $TBLD

Concurrent Investment Advisors LLC acquired a new stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,791 shares of the company’s stock, valued at approximately $408,000.

Other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Thornburg Income Builder Opportunities Trust by 400.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,250 shares of the company’s stock valued at $25,000 after buying an additional 1,000 shares during the last quarter. Allworth Financial LP bought a new stake in Thornburg Income Builder Opportunities Trust in the 1st quarter worth approximately $27,000. Comerica Bank raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 10.7% during the 1st quarter. Comerica Bank now owns 6,200 shares of the company’s stock worth $111,000 after acquiring an additional 600 shares in the last quarter. Silver Oak Securities Incorporated boosted its position in shares of Thornburg Income Builder Opportunities Trust by 6.7% during the 1st quarter. Silver Oak Securities Incorporated now owns 11,885 shares of the company’s stock valued at $211,000 after acquiring an additional 750 shares during the last quarter. Finally, Hicks Capital Management LLC bought a new position in shares of Thornburg Income Builder Opportunities Trust during the 1st quarter valued at approximately $213,000.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of TBLD opened at $20.20 on Friday. The company’s fifty day moving average is $20.03 and its 200 day moving average is $19.11. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $15.80 and a fifty-two week high of $20.55.

Thornburg Income Builder Opportunities Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 21st. Stockholders of record on Tuesday, October 14th will be issued a $0.1042 dividend. The ex-dividend date is Tuesday, October 14th. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%.

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.