Brian W. Wixted Purchases 1,620 Shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Stock

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) insider Brian W. Wixted purchased 1,620 shares of the company’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were purchased at an average cost of $15.50 per share, for a total transaction of $25,110.00. Following the completion of the purchase, the insider now owns 1,620 shares in the company, valued at approximately $25,110. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of Thornburg Income Builder Opportunities Trust stock opened at $15.41 on Friday. Thornburg Income Builder Opportunities Trust has a 52 week low of $13.44 and a 52 week high of $16.71. The business has a 50 day moving average price of $15.84 and a 200-day moving average price of $15.38.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, April 11th were paid a $0.1042 dividend. This represents a $1.25 annualized dividend and a dividend yield of 8.11%. The ex-dividend date was Wednesday, April 10th.

Institutional Trading of Thornburg Income Builder Opportunities Trust

A number of institutional investors and hedge funds have recently modified their holdings of TBLD. Redmont Wealth Advisors LLC purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the first quarter valued at approximately $32,000. Blue Bell Private Wealth Management LLC purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the first quarter valued at approximately $64,000. Hunter Associates Investment Management LLC purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the fourth quarter valued at approximately $242,000. StoneX Group Inc. purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the fourth quarter valued at approximately $310,000. Finally, D.A. Davidson & CO. increased its position in shares of Thornburg Income Builder Opportunities Trust by 48.0% during the third quarter. D.A. Davidson & CO. now owns 21,268 shares of the company’s stock valued at $311,000 after acquiring an additional 6,899 shares during the last quarter.

About Thornburg Income Builder Opportunities Trust

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.