Alpha Cubed Investments LLC Purchases Shares of 15,767 Putnam Managed Municipal Income Trust (PMM)

Alpha Cubed Investments LLC purchased a new position in Putnam Managed Municipal Income Trust (NYSE:PMM) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 15,767 shares of the company’s stock, valued at approximately $106,000.

Several other large investors also recently made changes to their positions in PMM. 6 Meridian acquired a new stake in shares of Putnam Managed Municipal Income Trust in the second quarter worth about $503,000. Robinson Capital Management LLC lifted its position in shares of Putnam Managed Municipal Income Trust by 2.6% in the second quarter. Robinson Capital Management LLC now owns 1,168,464 shares of the company’s stock worth $8,273,000 after buying an additional 29,197 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new stake in shares of Putnam Managed Municipal Income Trust in the second quarter worth about $128,000. Wells Fargo & Company MN lifted its position in shares of Putnam Managed Municipal Income Trust by 18.8% in the first quarter. Wells Fargo & Company MN now owns 109,922 shares of the company’s stock worth $785,000 after buying an additional 17,361 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Putnam Managed Municipal Income Trust by 11.1% in the second quarter. Bank of America Corp DE now owns 152,704 shares of the company’s stock worth $1,081,000 after buying an additional 15,241 shares during the last quarter. 11.50% of the stock is owned by institutional investors.

Shares of NYSE:PMM opened at $6.63 on Monday. Putnam Managed Municipal Income Trust has a fifty-two week low of $6.60 and a fifty-two week high of $7.60.



About Putnam Managed Municipal Income Trust

There is no company description available for Putnam Managed Municipal Income Trust.

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Institutional Ownership by Quarter for Putnam Managed Municipal Income Trust (NYSE:PMM)

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