Sanctuary Advisors LLC Purchases New Position in Thornburg Income Builder Opportunities Trust $TBLD

Sanctuary Advisors LLC purchased a new position in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 139,471 shares of the company’s stock, valued at approximately $3,078,000.

Other hedge funds also recently bought and sold shares of the company. Evolve Private Wealth LLC purchased a new stake in Thornburg Income Builder Opportunities Trust during the 4th quarter worth approximately $1,693,000. Wolverine Asset Management LLC purchased a new position in Thornburg Income Builder Opportunities Trust in the 4th quarter valued at $1,404,000. Advisors Asset Management Inc. boosted its stake in Thornburg Income Builder Opportunities Trust by 11.3% during the 4th quarter. Advisors Asset Management Inc. now owns 675,405 shares of the company’s stock worth $13,576,000 after purchasing an additional 68,635 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Thornburg Income Builder Opportunities Trust by 8.6% during the 2nd quarter. Raymond James Financial Inc. now owns 826,592 shares of the company’s stock worth $16,218,000 after purchasing an additional 65,755 shares during the last quarter. Finally, Readystate Asset Management LP purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the fourth quarter worth $955,000.

Thornburg Income Builder Opportunities Trust Trading Up 0.2%

Shares of NASDAQ TBLD opened at $22.28 on Wednesday. The firm has a 50-day simple moving average of $22.01 and a 200-day simple moving average of $21.92. Thornburg Income Builder Opportunities Trust has a 52 week low of $19.48 and a 52 week high of $23.02.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 13th were paid a dividend of $0.1042 per share. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Thursday, August 13th.

Insider Transactions at Thornburg Income Builder Opportunities Trust

In other Thornburg Income Builder Opportunities Trust news, insider Anne W. Kritzmire acquired 3,440 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was bought at an average price of $22.20 per share, for a total transaction of $76,368.00. Following the acquisition, the insider owned 4,840 shares in the company, valued at approximately $107,448. The trade was a 245.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Thornburg Income Builder Opportunities Trust 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.