Meridian Wealth Management LLC Invests $100,000 in Putnam Mun Oppo $PMO

Meridian Wealth Management LLC bought a new stake in shares of Putnam Mun Oppo (NYSE:PMO) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,108 shares of the financial services provider’s stock, valued at approximately $100,000.

A number of other institutional investors also recently bought and sold shares of PMO. CX Institutional bought a new position in Putnam Mun Oppo during the second quarter valued at $29,000. ST Germain D J Co. Inc. bought a new position in Putnam Mun Oppo during the 2nd quarter valued at about $30,000. Duncker Streett & Co. Inc. bought a new position in Putnam Mun Oppo during the 2nd quarter valued at about $48,000. Wolverine Asset Management LLC purchased a new stake in Putnam Mun Oppo in the 1st quarter worth about $50,000. Finally, Elequin Capital LP bought a new stake in Putnam Mun Oppo in the first quarter worth about $72,000. 20.40% of the stock is currently owned by institutional investors.

Putnam Mun Oppo Price Performance

PMO opened at $10.36 on Wednesday. The stock’s 50 day moving average price is $10.36 and its 200-day moving average price is $10.03. Putnam Mun Oppo has a one year low of $9.34 and a one year high of $10.90.

About Putnam Mun Oppo

Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors.