Penserra Capital Management LLC Has $11.18 Million Stock Holdings in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Penserra Capital Management LLC raised its holdings in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 6.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 734,204 shares of the company’s stock after buying an additional 45,766 shares during the period. Penserra Capital Management LLC’s holdings in Thornburg Income Builder Opportunities Trust were worth $11,181,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. UBS Group AG lifted its stake in shares of Thornburg Income Builder Opportunities Trust by 7.3% in the first quarter. UBS Group AG now owns 960,277 shares of the company’s stock valued at $14,990,000 after buying an additional 65,331 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Thornburg Income Builder Opportunities Trust by 54.4% in the first quarter. Advisors Asset Management Inc. now owns 392,758 shares of the company’s stock valued at $6,131,000 after buying an additional 138,458 shares in the last quarter. Atlas Wealth LLC lifted its stake in shares of Thornburg Income Builder Opportunities Trust by 3.8% in the first quarter. Atlas Wealth LLC now owns 332,889 shares of the company’s stock valued at $5,196,000 after buying an additional 12,287 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Thornburg Income Builder Opportunities Trust by 11.3% in the first quarter. Stifel Financial Corp now owns 185,203 shares of the company’s stock valued at $2,891,000 after buying an additional 18,765 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in shares of Thornburg Income Builder Opportunities Trust by 35.9% in the second quarter. Raymond James & Associates now owns 171,682 shares of the company’s stock valued at $2,615,000 after buying an additional 45,316 shares in the last quarter.

Thornburg Income Builder Opportunities Trust Stock Up 0.6 %

Shares of TBLD traded up $0.09 during trading hours on Tuesday, reaching $15.02. 5,634 shares of the stock traded hands, compared to its average volume of 62,433. The stock has a fifty day simple moving average of $14.54 and a 200 day simple moving average of $14.98. Thornburg Income Builder Opportunities Trust has a 52 week low of $13.44 and a 52 week high of $15.95.

Thornburg Income Builder Opportunities Trust Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 20th. Investors of record on Monday, November 13th were given a dividend of $0.1042 per share. This is a positive change from Thornburg Income Builder Opportunities Trust’s previous monthly dividend of $0.10. This represents a $1.25 dividend on an annualized basis and a dividend yield of 8.32%. The ex-dividend date was Friday, November 10th.

Analysts Set New Price Targets

Separately, Stifel Nicolaus started coverage on shares of Thornburg Income Builder Opportunities Trust in a research report on Monday, October 30th. They set a “buy” rating on the stock.

About Thornburg Income Builder Opportunities Trust

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.