UBS Group AG Purchases 14,977 Shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

UBS Group AG lifted its position in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD – Get Rating) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 894,946 shares of the company’s stock after purchasing an additional 14,977 shares during the period. UBS Group AG’s holdings in Thornburg Income Builder Opportunities Trust were worth $12,780,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TBLD. Tower Research Capital LLC TRC lifted its position in shares of Thornburg Income Builder Opportunities Trust by 55.6% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,216 shares of the company’s stock worth $28,000 after buying an additional 792 shares in the last quarter. Buckingham Strategic Partners bought a new stake in Thornburg Income Builder Opportunities Trust during the third quarter worth $127,000. Turim 21 Investimentos Ltda. purchased a new position in Thornburg Income Builder Opportunities Trust in the third quarter worth $132,000. Oppenheimer & Co. Inc. purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the 3rd quarter valued at $147,000. Finally, LPL Financial LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter worth $357,000.

Thornburg Income Builder Opportunities Trust Price Performance

TBLD opened at $15.04 on Monday. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $12.45 and a fifty-two week high of $16.19. The firm’s 50-day moving average is $15.21.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, May 19th. Stockholders of record on Thursday, May 11th were given a dividend of $0.104 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 8.30%. The ex-dividend date of this dividend was Wednesday, May 10th.

Thornburg Income Builder Opportunities Trust Company Profile

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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.