Putnam Mun Oppo (NYSE:PMO) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Posted by Brenda Bartman on Aug 15th, 2026

Putnam Mun Oppo (NYSE:PMO – Get Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $10.54 and traded as high as $10.63. Putnam Mun Oppo shares last traded at $10.56, with a volume of 85,576 shares changing hands.

Putnam Mun Oppo Price Performance

The company has a fifty day moving average price of $10.55 and a 200-day moving average price of $10.50.

Putnam Mun Oppo Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be issued a dividend of $0.052 per share. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date is Friday, November 20th.

Institutional Trading of Putnam Mun Oppo

Hedge funds have recently modified their holdings of the company. Royal Bank of Canada boosted its position in shares of Putnam Mun Oppo by 16.6% during the 1st quarter. Royal Bank of Canada now owns 22,246 shares of the financial services provider’s stock valued at $226,000 after acquiring an additional 3,162 shares during the last quarter. Invesco Ltd. increased its position in Putnam Mun Oppo by 228.4% in the second quarter. Invesco Ltd. now owns 78,733 shares of the financial services provider’s stock worth $779,000 after purchasing an additional 54,761 shares during the last quarter. Karpus Management Inc. raised its stake in Putnam Mun Oppo by 133.0% during the second quarter. Karpus Management Inc. now owns 231,992 shares of the financial services provider’s stock valued at $2,294,000 after purchasing an additional 132,444 shares in the last quarter. Bank of America Corp DE raised its stake in Putnam Mun Oppo by 20.6% during the second quarter. Bank of America Corp DE now owns 152,349 shares of the financial services provider’s stock valued at $1,507,000 after purchasing an additional 26,015 shares in the last quarter. Finally, Nomura Holdings Inc. bought a new position in Putnam Mun Oppo during the second quarter valued at $99,000. 20.40% of the stock is owned by hedge funds and other institutional investors.

About Putnam Mun Oppo

(Get Free Report)

Putnam Municipal Opportunities Trust (NYSE: PMO) is a diversified closed-end management investment company that seeks to provide current income exempt from federal income tax with a secondary objective of capital preservation. Established in 1982 and advised by Putnam Investment Management, the Trust invests primarily in municipal securities issued by U.S. states, municipalities and their instrumentalities. Its strategy combines high-quality bonds with selectively chosen sectors in the municipal market to generate tax-advantaged income for shareholders.

The Trust’s portfolio generally comprises general obligation bonds, revenue bonds and insured municipal securities, as well as unrated issues judged by its adviser to possess equivalent credit quality.