Evolve Private Wealth LLC Takes Position in Thornburg Income Builder Opportunities Trust $TBLD

Evolve Private Wealth LLC acquired a new stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 77,958 shares of the company’s stock, valued at approximately $1,721,000.

A number of other hedge funds also recently added to or reduced their stakes in TBLD. Wolverine Asset Management LLC bought a new position in shares of Thornburg Income Builder Opportunities Trust during the fourth quarter valued at approximately $1,404,000. Closed End Fund Advisors Inc. bought a new position in Thornburg Income Builder Opportunities Trust in the fourth quarter worth approximately $784,000. Kera Capital Partners Inc. lifted its holdings in Thornburg Income Builder Opportunities Trust by 8.3% during the fourth quarter. Kera Capital Partners Inc. now owns 434,901 shares of the company’s stock worth $9,216,000 after buying an additional 33,282 shares during the period. Sanctuary Advisors LLC boosted its position in Thornburg Income Builder Opportunities Trust by 50.1% during the 1st quarter. Sanctuary Advisors LLC now owns 128,476 shares of the company’s stock valued at $2,717,000 after acquiring an additional 42,898 shares in the last quarter. Finally, Bank of America Corp DE bought a new stake in Thornburg Income Builder Opportunities Trust during the 2nd quarter valued at $120,000.

Thornburg Income Builder Opportunities Trust Price Performance

TBLD opened at $22.27 on Friday. Thornburg Income Builder Opportunities Trust has a 12 month low of $19.48 and a 12 month high of $23.02. The stock has a fifty day moving average price of $22.00 and a 200-day moving average price of $21.90.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 13th were issued a $0.1042 dividend. The ex-dividend date was Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 5.6%.

Insider Buying and Selling

In other news, insider Anne W. Kritzmire purchased 3,440 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was acquired at an average cost of $22.20 per share, with a total value of $76,368.00. Following the completion of the transaction, the insider owned 4,840 shares in the company, valued at $107,448. This represents a 245.71% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Thornburg Income Builder Opportunities Trust Company Profile

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.