UBS Group AG Sells 235,912 Shares of Thornburg Income Builder Opportunities Trust $TBLD

UBS Group AG lowered its position in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 11.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,786,490 shares of the company’s stock after selling 235,912 shares during the period. UBS Group AG’s holdings in Thornburg Income Builder Opportunities Trust were worth $35,908,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Concurrent Investment Advisors LLC grew its holdings in Thornburg Income Builder Opportunities Trust by 253.7% during the third quarter. Concurrent Investment Advisors LLC now owns 73,529 shares of the company’s stock valued at $1,462,000 after purchasing an additional 52,738 shares during the period. Advisors Asset Management Inc. grew its holdings in Thornburg Income Builder Opportunities Trust by 7.1% during the third quarter. Advisors Asset Management Inc. now owns 606,770 shares of the company’s stock valued at $12,069,000 after purchasing an additional 40,139 shares during the period. Dakota Wealth Management bought a new stake in Thornburg Income Builder Opportunities Trust during the fourth quarter valued at about $1,000,000. PMG Family Office LLC bought a new stake in Thornburg Income Builder Opportunities Trust during the third quarter valued at about $946,000. Finally, Kera Capital Partners Inc. grew its holdings in Thornburg Income Builder Opportunities Trust by 129.8% during the third quarter. Kera Capital Partners Inc. now owns 401,619 shares of the company’s stock valued at $7,988,000 after purchasing an additional 226,880 shares during the period.

Thornburg Income Builder Opportunities Trust Price Performance

NASDAQ:TBLD opened at $22.05 on Friday. The stock has a 50-day simple moving average of $21.68 and a two-hundred day simple moving average of $20.90. Thornburg Income Builder Opportunities Trust has a 52-week low of $18.00 and a 52-week high of $23.02.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Monday, May 11th will be issued a dividend of $0.1042 per share. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Monday, May 11th.

Thornburg Income Builder Opportunities Trust Profile

Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) is a closed-end management investment company that seeks to provide a high level of total return, with an emphasis on current income and the potential for capital appreciation. Listed on the NASDAQ, the Trust offers investors access to a managed portfolio that combines income-generating securities with opportunistic equity and convertible instruments. By blending diverse asset types, the Trust aims to balance yield objectives with capital growth prospects over a full market cycle.

The Trust’s investment approach centers on assembling a diversified mix of high-yield bonds, preferred securities, convertible debt and common stocks across U.S.