Beck Mack & Oliver LLC Buys New Stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Beck Mack & Oliver LLC purchased a new position in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,000 shares of the company’s stock, valued at approximately $163,000.

Other large investors have also made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its position in shares of Thornburg Income Builder Opportunities Trust by 16.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 125,066 shares of the company’s stock worth $2,036,000 after purchasing an additional 17,783 shares in the last quarter. Wedbush Securities Inc. grew its stake in shares of Thornburg Income Builder Opportunities Trust by 39.2% during the fourth quarter. Wedbush Securities Inc. now owns 42,171 shares of the company’s stock worth $687,000 after acquiring an additional 11,880 shares during the last quarter. DKM Wealth Management Inc. purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the fourth quarter worth about $15,912,000. LPL Financial LLC increased its holdings in shares of Thornburg Income Builder Opportunities Trust by 92.2% during the fourth quarter. LPL Financial LLC now owns 156,026 shares of the company’s stock valued at $2,540,000 after acquiring an additional 74,826 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Thornburg Income Builder Opportunities Trust in the 4th quarter valued at approximately $222,000.

Thornburg Income Builder Opportunities Trust Price Performance

NASDAQ:TBLD opened at $17.50 on Friday. Thornburg Income Builder Opportunities Trust has a twelve month low of $15.19 and a twelve month high of $18.03. The company’s 50 day moving average is $17.46 and its two-hundred day moving average is $17.06.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 21st. Stockholders of record on Friday, April 11th will be issued a dividend of $0.1042 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.14%. The ex-dividend date is Friday, April 11th.

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.