Rockefeller Capital Management L.P. Raises Stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Rockefeller Capital Management L.P. lifted its position in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) by 77.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 107,283 shares of the company’s stock after purchasing an additional 46,958 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Thornburg Income Builder Opportunities Trust were worth $1,912,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. SOA Wealth Advisors LLC. purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the 2nd quarter worth about $26,000. Calamos Advisors LLC purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the 2nd quarter worth about $250,000. Blue Bell Private Wealth Management LLC boosted its holdings in Thornburg Income Builder Opportunities Trust by 310.5% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 16,208 shares of the company’s stock worth $261,000 after acquiring an additional 12,260 shares during the period. Wolverine Asset Management LLC acquired a new stake in Thornburg Income Builder Opportunities Trust in the second quarter valued at approximately $333,000. Finally, Hunter Associates Investment Management LLC grew its position in Thornburg Income Builder Opportunities Trust by 23.4% in the third quarter. Hunter Associates Investment Management LLC now owns 20,400 shares of the company’s stock valued at $362,000 after acquiring an additional 3,875 shares in the last quarter.

Thornburg Income Builder Opportunities Trust Stock Up 0.1 %

Shares of NASDAQ:TBLD opened at $16.95 on Friday. Thornburg Income Builder Opportunities Trust has a 52-week low of $14.81 and a 52-week high of $17.89. The company has a 50 day moving average of $17.08 and a two-hundred day moving average of $16.73.

Thornburg Income Builder Opportunities Trust Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, December 12th will be given a $0.1042 dividend. This is an increase from Thornburg Income Builder Opportunities Trust’s previous monthly dividend of $0.10. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $1.25 annualized dividend and a yield of 7.37%.

Thornburg Income Builder Opportunities Trust Company Profile

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.