Wolverine Asset Management LLC Makes New $1.17 Million Investment in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

Wolverine Asset Management LLC acquired a new position in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 71,548 shares of the company’s stock, valued at approximately $1,165,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated acquired a new position in Thornburg Income Builder Opportunities Trust during the fourth quarter worth $183,000. Calamos Advisors LLC boosted its stake in Thornburg Income Builder Opportunities Trust by 23.8% during the fourth quarter. Calamos Advisors LLC now owns 12,748 shares of the company’s stock worth $208,000 after buying an additional 2,450 shares during the last quarter. Hunter Associates Investment Management LLC boosted its stake in Thornburg Income Builder Opportunities Trust by 23.4% during the third quarter. Hunter Associates Investment Management LLC now owns 20,400 shares of the company’s stock worth $362,000 after buying an additional 3,875 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Thornburg Income Builder Opportunities Trust by 10.2% during the third quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock worth $674,000 after buying an additional 3,500 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its stake in Thornburg Income Builder Opportunities Trust by 4.5% during the fourth quarter. D.A. Davidson & CO. now owns 52,840 shares of the company’s stock worth $860,000 after buying an additional 2,292 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Price Performance

NASDAQ TBLD opened at $17.44 on Friday. The stock’s fifty day moving average is $16.76 and its two-hundred day moving average is $16.96. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $15.19 and a fifty-two week high of $17.89.

Thornburg Income Builder Opportunities Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, February 13th were given a $0.1042 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.25 dividend on an annualized basis and a yield of 7.17%.

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.