Royal Bank of Canada Decreases Stake in Thornburg Income Builder Opportunities Trust $TBLD

Royal Bank of Canada lessened its holdings in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLDFree Report) by 8.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 447,955 shares of the company’s stock after selling 43,324 shares during the period. Royal Bank of Canada’s holdings in Thornburg Income Builder Opportunities Trust were worth $9,472,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TBLD. Webster Bank N. A. purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter worth $60,000. Bank of America Corp DE purchased a new position in shares of Thornburg Income Builder Opportunities Trust in the 2nd quarter valued at about $120,000. Envestnet Asset Management Inc. purchased a new position in shares of Thornburg Income Builder Opportunities Trust in the 3rd quarter valued at about $207,000. Cetera Investment Advisers acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the first quarter valued at about $215,000. Finally, KW Wealth Management LLC purchased a new stake in Thornburg Income Builder Opportunities Trust during the fourth quarter worth about $283,000.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of TBLD opened at $22.32 on Monday. The firm’s 50-day moving average is $21.90 and its two-hundred day moving average is $21.81. Thornburg Income Builder Opportunities Trust has a twelve month low of $19.48 and a twelve month high of $23.02.

Thornburg Income Builder Opportunities Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 13th will be issued a $0.1042 dividend. The ex-dividend date is Thursday, August 13th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%.

About Thornburg Income Builder Opportunities Trust

(Free Report)

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.

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Institutional Ownership by Quarter for Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

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