Anne Kritzmire Acquires 3,440 Shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Stock

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) insider Anne Kritzmire bought 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, with a total value of $76,368.00. Following the transaction, the insider owned 4,840 shares in the company, valued at approximately $107,448. This represents a 245.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Thornburg Income Builder Opportunities Trust Stock Performance

Thornburg Income Builder Opportunities Trust stock opened at $22.23 on Friday. Thornburg Income Builder Opportunities Trust has a 12 month low of $19.48 and a 12 month high of $23.02. The company’s fifty day simple moving average is $21.99 and its 200-day simple moving average is $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 given a $0.1042 dividend. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Thursday, August 13th.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

Institutional investors have recently made changes to their positions in the company. Wedbush Securities Inc. grew its stake in shares of Thornburg Income Builder Opportunities Trust by 6.1% in the 2nd quarter. Wedbush Securities Inc. now owns 42,539 shares of the company’s stock valued at $939,000 after buying an additional 2,452 shares in the last quarter. Beacon Pointe Advisors LLC bought a new position in Thornburg Income Builder Opportunities Trust during the second quarter valued at approximately $254,000. Sanctuary Advisors LLC acquired a new stake in Thornburg Income Builder Opportunities Trust in the second quarter valued at approximately $3,078,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Thornburg Income Builder Opportunities Trust in the second quarter valued at approximately $59,000. Finally, Evolve Private Wealth LLC bought a new stake in Thornburg Income Builder Opportunities Trust in the second quarter worth approximately $1,721,000.

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.