Putnam Premier Income Trust (PPT) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN lifted its stake in shares of Putnam Premier Income Trust (NYSE:PPT) by 8.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,125,062 shares of the investment management company’s stock after buying an additional 160,011 shares during the quarter. Wells Fargo & Company MN’s holdings in Putnam Premier Income Trust were worth $11,327,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sit Investment Associates Inc. increased its position in shares of Putnam Premier Income Trust by 36.4% during the fourth quarter. Sit Investment Associates Inc. now owns 4,622,297 shares of the investment management company’s stock valued at $24,637,000 after buying an additional 1,233,361 shares during the period. BB&T Securities LLC increased its position in shares of Putnam Premier Income Trust by 31.7% during the third quarter. BB&T Securities LLC now owns 235,135 shares of the investment management company’s stock valued at $1,250,000 after buying an additional 56,635 shares during the period. Arlington Capital Management Inc. increased its position in shares of Putnam Premier Income Trust by 29.9% during the third quarter. Arlington Capital Management Inc. now owns 185,607 shares of the investment management company’s stock valued at $987,000 after buying an additional 42,698 shares during the period. Sterneck Capital Management LLC increased its position in shares of Putnam Premier Income Trust by 16.5% during the fourth quarter. Sterneck Capital Management LLC now owns 156,140 shares of the investment management company’s stock valued at $832,000 after buying an additional 22,140 shares during the period. Finally, Ballew Advisors Inc purchased a new position in shares of Putnam Premier Income Trust during the fourth quarter valued at about $263,000. Institutional investors own 15.71% of the company’s stock.

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Putnam Premier Income Trust (NYSE PPT) opened at $5.28 on Tuesday. Putnam Premier Income Trust has a 52-week low of $5.05 and a 52-week high of $5.68.

The business also recently declared a monthly dividend, which will be paid on Tuesday, May 1st. Investors of record on Tuesday, April 24th will be given a dividend of $0.026 per share. This represents a $0.31 annualized dividend and a dividend yield of 5.91%. The ex-dividend date of this dividend is Monday, April 23rd.

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Putnam Premier Income Trust Company Profile

Putnam Premier Income Trust (the Fund) is a diversified closed-end management investment company. The Fund seeks high current income consistent with the preservation of capital by allocating its investments among the United States Government sector, high yield sector and international sector of the fixed-income securities market.

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Institutional Ownership by Quarter for Putnam Premier Income Trust (NYSE:PPT)

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