Closed End Fund Advisors Inc. Takes Position in Thornburg Income Builder Opportunities Trust $TBLD

Closed End Fund Advisors Inc. bought a new stake in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 39,027 shares of the company’s stock, valued at approximately $784,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TBLD. Royal Bank of Canada grew its position in Thornburg Income Builder Opportunities Trust by 2.5% in the 1st quarter. Royal Bank of Canada now owns 340,717 shares of the company’s stock valued at $6,112,000 after buying an additional 8,449 shares in the last quarter. NewEdge Advisors LLC grew its position in Thornburg Income Builder Opportunities Trust by 10.2% in the 2nd quarter. NewEdge Advisors LLC now owns 16,253 shares of the company’s stock valued at $319,000 after buying an additional 1,500 shares in the last quarter. Raymond James Financial Inc. grew its position in Thornburg Income Builder Opportunities Trust by 8.6% in the 2nd quarter. Raymond James Financial Inc. now owns 826,592 shares of the company’s stock valued at $16,218,000 after buying an additional 65,755 shares in the last quarter. Bank of America Corp DE bought a new position in Thornburg Income Builder Opportunities Trust in the 2nd quarter valued at about $120,000. Finally, Osaic Holdings Inc. grew its position in Thornburg Income Builder Opportunities Trust by 4.1% in the 2nd quarter. Osaic Holdings Inc. now owns 27,213 shares of the company’s stock valued at $534,000 after buying an additional 1,072 shares in the last quarter.

Thornburg Income Builder Opportunities Trust Trading Down 1.2%

Shares of TBLD opened at $21.78 on Friday. The firm has a 50-day moving average price of $21.96 and a 200 day moving average price of $21.19. Thornburg Income Builder Opportunities Trust has a 52-week low of $18.60 and a 52-week high of $23.02.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, June 22nd. Investors of record on Thursday, June 11th will be issued a dividend of $0.1042 per share. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Thursday, June 11th.

About Thornburg Income Builder Opportunities Trust

Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) is a closed-end management investment company that seeks to provide a high level of total return, with an emphasis on current income and the potential for capital appreciation. Listed on the NASDAQ, the Trust offers investors access to a managed portfolio that combines income-generating securities with opportunistic equity and convertible instruments. By blending diverse asset types, the Trust aims to balance yield objectives with capital growth prospects over a full market cycle.

The Trust’s investment approach centers on assembling a diversified mix of high-yield bonds, preferred securities, convertible debt and common stocks across U.S.