Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Shares Sold by Advisors Asset Management Inc.

Advisors Asset Management Inc. lessened its position in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 7.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 518,493 shares of the company’s stock after selling 41,520 shares during the period. Advisors Asset Management Inc.’s holdings in Thornburg Income Builder Opportunities Trust were worth $9,219,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TBLD. SOA Wealth Advisors LLC. acquired a new position in Thornburg Income Builder Opportunities Trust in the second quarter valued at approximately $26,000. Janney Montgomery Scott LLC boosted its position in Thornburg Income Builder Opportunities Trust by 3.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 61,001 shares of the company’s stock valued at $1,087,000 after purchasing an additional 1,861 shares during the period. Commonwealth Equity Services LLC boosted its position in Thornburg Income Builder Opportunities Trust by 13.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock valued at $396,000 after purchasing an additional 2,900 shares during the period. Oppenheimer & Co. Inc. increased its position in Thornburg Income Builder Opportunities Trust by 10.2% in the third quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock worth $674,000 after buying an additional 3,500 shares during the period. Finally, Hunter Associates Investment Management LLC increased its position in Thornburg Income Builder Opportunities Trust by 23.4% in the third quarter. Hunter Associates Investment Management LLC now owns 20,400 shares of the company’s stock worth $362,000 after buying an additional 3,875 shares during the period.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of TBLD opened at $16.49 on Thursday. Thornburg Income Builder Opportunities Trust has a 1 year low of $14.81 and a 1 year high of $17.89. The firm has a fifty day moving average of $17.26 and a 200-day moving average of $16.67.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Tuesday, November 12th were paid a dividend of $0.104 per share. This represents a $1.25 annualized dividend and a yield of 7.57%. The ex-dividend date was Tuesday, November 12th.

Thornburg Income Builder Opportunities Trust Profile

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.