Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 7.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 162,916 shares of the company’s stock after acquiring an additional 10,724 shares during the quarter. Sanctuary Advisors LLC’s holdings in Thornburg Income Builder Opportunities Trust were worth $2,693,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Calamos Advisors LLC acquired a new position in shares of Thornburg Income Builder Opportunities Trust in the second quarter worth $250,000. Private Advisor Group LLC increased its stake in Thornburg Income Builder Opportunities Trust by 22.7% in the second quarter. Private Advisor Group LLC now owns 111,168 shares of the company’s stock valued at $1,793,000 after purchasing an additional 20,553 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in Thornburg Income Builder Opportunities Trust by 13.4% in the second 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 last quarter. Rockefeller Capital Management L.P. increased its stake in Thornburg Income Builder Opportunities Trust by 77.8% in the third quarter. Rockefeller Capital Management L.P. now owns 107,283 shares of the company’s stock valued at $1,912,000 after purchasing an additional 46,958 shares during the last quarter. Finally, Raymond James & Associates increased its stake in Thornburg Income Builder Opportunities Trust by 67.4% in the third quarter. Raymond James & Associates now owns 551,519 shares of the company’s stock valued at $9,828,000 after purchasing an additional 222,077 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Trading Down 0.6 %

Thornburg Income Builder Opportunities Trust stock opened at $16.41 on Wednesday. The stock has a fifty day moving average price of $16.93 and a 200 day moving average price of $16.78. Thornburg Income Builder Opportunities Trust has a 52 week low of $15.14 and a 52 week high of $17.89.

Thornburg Income Builder Opportunities Trust Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, December 12th will be paid a $0.1042 dividend. This is a positive change from Thornburg Income Builder Opportunities Trust’s previous monthly dividend of $0.10. This represents a $1.25 annualized dividend and a yield of 7.62%. The ex-dividend date of this dividend is Thursday, December 12th.

Thornburg Income Builder Opportunities Trust Company 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.