1,620 Shares in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Bought by SOA Wealth Advisors LLC.

SOA Wealth Advisors LLC. bought a new stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,620 shares of the company’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TBLD. Bright Futures Wealth Management LLC. acquired a new stake in Thornburg Income Builder Opportunities Trust in the 1st quarter valued at $186,000. Livelsberger Financial Advisory acquired a new position in shares of Thornburg Income Builder Opportunities Trust in the 1st quarter valued at approximately $200,000. Janney Montgomery Scott LLC increased its position in Thornburg Income Builder Opportunities Trust by 14.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 60,297 shares of the company’s stock worth $975,000 after purchasing an additional 7,453 shares in the last quarter. Prosperity Consulting Group LLC bought a new stake in Thornburg Income Builder Opportunities Trust during the 1st quarter worth approximately $162,000. Finally, Private Advisor Group LLC grew its holdings in Thornburg Income Builder Opportunities Trust by 1.8% during the 1st quarter. Private Advisor Group LLC now owns 90,615 shares of the company’s stock worth $1,465,000 after acquiring an additional 1,617 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Stock Up 0.2 %

NASDAQ TBLD traded up $0.03 on Friday, hitting $16.67. 62,848 shares of the company were exchanged, compared to its average volume of 84,081. Thornburg Income Builder Opportunities Trust has a 12 month low of $13.44 and a 12 month high of $16.88. The stock has a fifty day moving average of $16.28 and a 200-day moving average of $15.99.

Thornburg Income Builder Opportunities Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, August 20th. Investors of record on Monday, August 12th will be given a dividend of $0.104 per share. The ex-dividend date is Monday, August 12th. This represents a $1.25 annualized dividend and a yield of 7.49%.

About Thornburg Income Builder Opportunities Trust

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.