share_log

Insider Buying: Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) President Acquires 30,000 Shares of Stock

Defense World ·  Dec 24, 2022 04:51

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD – Get Rating) President Jason H. Brady acquired 30,000 shares of Thornburg Income Builder Opportunities Trust stock in a transaction on Thursday, December 22nd. The shares were purchased at an average cost of $14.19 per share, with a total value of $425,700.00. Following the completion of the acquisition, the president now owns 82,000 shares of the company's stock, valued at approximately $1,163,580. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of NASDAQ TBLD opened at $14.30 on Friday. Thornburg Income Builder Opportunities Trust has a 1-year low of $12.45 and a 1-year high of $20.00.

Get Thornburg Income Builder Opportunities Trust alerts:

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 20th. Shareholders of record on Monday, December 12th were issued a dividend of $0.104 per share. This represents a $1.25 annualized dividend and a yield of 8.73%. The ex-dividend date was Friday, December 9th.

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

Large investors have recently made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 29.1% in the third quarter. Royal Bank of Canada now owns 154,548 shares of the company's stock worth $1,969,000 after acquiring an additional 34,801 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 55.6% in the third quarter. Tower Research Capital LLC TRC now owns 2,216 shares of the company's stock worth $28,000 after acquiring an additional 792 shares during the period. Saba Capital Management L.P. bought a new position in shares of Thornburg Income Builder Opportunities Trust in the third quarter worth $1,101,000. Turim 21 Investimentos Ltda. bought a new position in shares of Thornburg Income Builder Opportunities Trust in the third quarter worth $132,000. Finally, Buckingham Strategic Partners bought a new position in shares of Thornburg Income Builder Opportunities Trust in the third quarter worth $127,000.

About Thornburg Income Builder Opportunities Trust

(Get Rating)

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.

See Also

  • Get a free copy of the StockNews.com research report on Thornburg Income Builder Opportunities Trust (TBLD)
  • MarketBeat: Week in Review 12/19 – 12/23
  • These Steelmakers Deserve A Place On Your 2023 Watch List
  • Inflation Cools, Where Does The S&P 500 Go Now
  • Cintas Beats Inflation With Operating Leverage
  • Your Decision to Buy Palantir May Simply Be a Matter of Time

Receive News & Ratings for Thornburg Income Builder Opportunities Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thornburg Income Builder Opportunities Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment