Royal Bank of Canada Lowers Stock Holdings in Thornburg Income Builder Opportunities Trust $TBLD

Royal Bank of Canada lowered its stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 8.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 447,955 shares of the company’s stock after selling 43,324 shares during the period. Royal Bank of Canada’s holdings in Thornburg Income Builder Opportunities Trust were worth $9,472,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers purchased a new position in Thornburg Income Builder Opportunities Trust in the 1st quarter valued at $215,000. Kera Capital Partners Inc. raised its position in Thornburg Income Builder Opportunities Trust by 4.2% during the 1st quarter. Kera Capital Partners Inc. now owns 453,342 shares of the company’s stock worth $9,586,000 after buying an additional 18,441 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in shares of Thornburg Income Builder Opportunities Trust by 50.1% in the 1st quarter. Sanctuary Advisors LLC now owns 128,476 shares of the company’s stock worth $2,717,000 after acquiring an additional 42,898 shares during the period. Fifth Third Bancorp acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the 1st quarter worth $450,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 11.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 157,334 shares of the company’s stock valued at $3,162,000 after acquiring an additional 15,912 shares in the last quarter.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of Thornburg Income Builder Opportunities Trust stock opened at $22.32 on Monday. Thornburg Income Builder Opportunities Trust has a 52-week low of $19.48 and a 52-week high of $23.02. The company’s 50-day simple moving average is $21.90 and its 200-day simple moving average is $21.81.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 13th will be issued a $0.1042 dividend. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Thursday, August 13th.

About Thornburg Income Builder Opportunities Trust

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.