SouthState Corp Buys New Stake in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD)

SouthState Corp purchased a new position in shares of Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 5,371 shares of the company’s stock, valued at approximately $87,000.

Several other institutional investors and hedge funds also recently modified their holdings of TBLD. D.A. Davidson & CO. raised its stake in shares of 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 valued at $860,000 after purchasing an additional 2,292 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of Thornburg Income Builder Opportunities Trust by 77.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 107,283 shares of the company’s stock worth $1,912,000 after buying an additional 46,958 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Thornburg Income Builder Opportunities Trust by 10.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock worth $674,000 after buying an additional 3,500 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the 4th quarter worth approximately $1,165,000. Finally, Calamos Advisors LLC boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 23.8% in the fourth quarter. Calamos Advisors LLC now owns 12,748 shares of the company’s stock valued at $208,000 after acquiring an additional 2,450 shares in the last quarter.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of NASDAQ:TBLD opened at $17.56 on Tuesday. Thornburg Income Builder Opportunities Trust has a 12 month low of $15.19 and a 12 month high of $17.89. The stock’s 50 day moving average price is $17.15 and its 200 day moving average price is $17.05.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th will be paid a $0.1042 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.12%. The ex-dividend date of this dividend is Thursday, March 13th.

Thornburg Income Builder Opportunities Trust 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.