Wolverine Asset Management LLC Purchases New Position in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Wolverine Asset Management LLC purchased a new stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 71,548 shares of the company’s stock, valued at approximately $1,165,000.

Other institutional investors also recently bought and sold shares of the company. Silver Oak Securities Incorporated purchased a new position in Thornburg Income Builder Opportunities Trust during the fourth quarter valued at approximately $183,000. Calamos Advisors LLC increased its position in shares of Thornburg Income Builder Opportunities Trust by 23.8% in the fourth quarter. Calamos Advisors LLC now owns 12,748 shares of the company’s stock valued at $208,000 after buying an additional 2,450 shares in the last quarter. Hunter Associates Investment Management LLC increased its position in shares of Thornburg Income Builder Opportunities Trust by 23.4% in the third quarter. Hunter Associates Investment Management LLC now owns 20,400 shares of the company’s stock valued at $362,000 after buying an additional 3,875 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Thornburg Income Builder Opportunities Trust by 10.2% in the third quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock valued at $674,000 after buying an additional 3,500 shares in the last quarter. Finally, D.A. Davidson & CO. increased its position in shares of Thornburg Income Builder Opportunities Trust by 4.5% in the fourth quarter. D.A. Davidson & CO. now owns 52,840 shares of the company’s stock valued at $860,000 after buying an additional 2,292 shares in the last quarter.

Thornburg Income Builder Opportunities Trust Stock Performance

Thornburg Income Builder Opportunities Trust stock opened at $17.44 on Friday. Thornburg Income Builder Opportunities Trust has a 12 month low of $15.19 and a 12 month high of $17.89. The business has a 50 day simple moving average of $16.76 and a 200-day simple moving average of $16.96.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, February 13th were given a $0.1042 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.17%. The ex-dividend date of this dividend was Thursday, February 13th.

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.