Janney Montgomery Scott LLC Grows Position in Thornburg Income Builder Opportunities Trust $TBLD

Janney Montgomery Scott LLC boosted its stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 6.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 68,221 shares of the company’s stock after purchasing an additional 3,990 shares during the period. Janney Montgomery Scott LLC’s holdings in Thornburg Income Builder Opportunities Trust were worth $1,339,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of TBLD. Raymond James Financial Inc. grew its position in Thornburg Income Builder Opportunities Trust by 9.0% during the 1st quarter. Raymond James Financial Inc. now owns 760,837 shares of the company’s stock worth $13,649,000 after purchasing an additional 62,732 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in Thornburg Income Builder Opportunities Trust during the 2nd quarter valued at approximately $1,043,000. LPL Financial LLC lifted its stake in Thornburg Income Builder Opportunities Trust by 12.3% during the 1st quarter. LPL Financial LLC now owns 175,169 shares of the company’s stock valued at $3,143,000 after acquiring an additional 19,143 shares during the period. Kera Capital Partners Inc. lifted its stake in Thornburg Income Builder Opportunities Trust by 9.4% during the 2nd quarter. Kera Capital Partners Inc. now owns 174,739 shares of the company’s stock valued at $3,428,000 after acquiring an additional 14,959 shares during the period. Finally, D.A. Davidson & CO. lifted its stake in Thornburg Income Builder Opportunities Trust by 27.0% during the 1st quarter. D.A. Davidson & CO. now owns 67,113 shares of the company’s stock valued at $1,204,000 after acquiring an additional 14,273 shares during the period.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of NASDAQ TBLD opened at $20.18 on Monday. Thornburg Income Builder Opportunities Trust has a 12 month low of $15.80 and a 12 month high of $20.55. The company has a 50 day simple moving average of $19.98 and a two-hundred day simple moving average of $19.03.

Thornburg Income Builder Opportunities Trust Announces Dividend

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

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.