Putnam Mast Int $PIM is PVG Asset Management Corp’s 3rd Largest Position

PVG Asset Management Corp lifted its holdings in shares of Putnam Mast Int (NYSE:PIM) by 155.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,231,891 shares of the company’s stock after buying an additional 749,132 shares during the quarter. Putnam Mast Int makes up approximately 2.8% of PVG Asset Management Corp’s investment portfolio, making the stock its 3rd largest position. PVG Asset Management Corp’s holdings in Putnam Mast Int were worth $3,967,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Weaver Consulting Group grew its stake in Putnam Mast Int by 20.0% in the 4th quarter. Weaver Consulting Group now owns 42,000 shares of the company’s stock valued at $140,000 after acquiring an additional 7,000 shares during the period. Raymond James Financial Inc. acquired a new position in Putnam Mast Int during the second quarter worth $25,000. WealthTrust Axiom LLC raised its position in Putnam Mast Int by 11.3% during the fourth quarter. WealthTrust Axiom LLC now owns 108,000 shares of the company’s stock worth $361,000 after acquiring an additional 11,000 shares during the period. Landscape Capital Management L.L.C. purchased a new position in Putnam Mast Int during the fourth quarter valued at $45,000. Finally, Northstar Financial Companies Inc. purchased a new position in Putnam Mast Int during the first quarter valued at $49,000. Hedge funds and other institutional investors own 55.06% of the company’s stock.

Putnam Mast Int Trading Down 0.2%

Shares of NYSE PIM opened at $3.12 on Monday. The company’s 50-day simple moving average is $3.17 and its 200-day simple moving average is $3.23. Putnam Mast Int has a 52-week low of $3.07 and a 52-week high of $3.50.

Putnam Mast Int Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 24th will be paid a $0.022 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 8.5%.

About Putnam Mast Int

Putnam Master International (NYSE:PIM) is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in equity securities of non-U.S. companies. The fund maintains a diversified portfolio spanning developed and emerging markets, with a focus on identifying businesses offering strong growth potential, attractive valuations and sound corporate governance. Shares of PIM trade on the NYSE, providing investors with a fixed capital structure and the opportunity to gain exposure to global equity markets through a single vehicle.

The fund’s investment team, managed by Putnam Retail Management LP, conducts bottom-up fundamental analysis to select holdings across multiple industries and geographies.