Evolve Private Wealth LLC Invests $1.72 Million in Thornburg Income Builder Opportunities Trust $TBLD

Evolve Private Wealth LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 77,958 shares of the company’s stock, valued at approximately $1,721,000.

Several other institutional investors and hedge funds have also recently modified their holdings of TBLD. Invesco Ltd. boosted its stake in Thornburg Income Builder Opportunities Trust by 0.8% during the fourth quarter. Invesco Ltd. now owns 67,054 shares of the company’s stock valued at $1,348,000 after buying an additional 552 shares during the last quarter. Kestra Advisory Services LLC increased its stake in Thornburg Income Builder Opportunities Trust by 0.7% in the 4th quarter. Kestra Advisory Services LLC now owns 91,398 shares of the company’s stock worth $1,837,000 after acquiring an additional 599 shares during the last quarter. Comerica Bank raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 2.5% during the 4th quarter. Comerica Bank now owns 24,200 shares of the company’s stock worth $486,000 after acquiring an additional 600 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of Thornburg Income Builder Opportunities Trust by 3.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 22,250 shares of the company’s stock valued at $447,000 after acquiring an additional 790 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Thornburg Income Builder Opportunities Trust by 5.5% in the 3rd quarter. NewEdge Advisors LLC now owns 17,153 shares of the company’s stock valued at $341,000 after acquiring an additional 900 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Stock Up 0.2%

TBLD stock opened at $22.27 on Friday. The company has a 50-day moving average price of $22.00 and a 200 day moving average price of $21.90. Thornburg Income Builder Opportunities Trust has a 12 month low of $19.48 and a 12 month high of $23.02.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 13th were paid a $0.1042 dividend. The ex-dividend date was Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 5.6%.

Insider Buying and Selling at Thornburg Income Builder Opportunities Trust

In related news, insider Anne W. Kritzmire bought 3,440 shares of the stock in a transaction dated Wednesday, August 5th. The stock was purchased at an average cost of $22.20 per share, with a total value of $76,368.00. Following the completion of the purchase, the insider owned 4,840 shares of the company’s stock, valued at $107,448. This trade represents a 245.71% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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.