Avior Wealth Management LLC Acquires 2,238 Shares of Putnam Municipal Opportunities Trust (NYSE:PMO)

Avior Wealth Management LLC increased its holdings in shares of Putnam Municipal Opportunities Trust (NYSE:PMO) by 23.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,932 shares of the financial services provider’s stock after acquiring an additional 2,238 shares during the period. Avior Wealth Management LLC’s holdings in Putnam Municipal Opportunities Trust were worth $130,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Integrated Capital Management Inc. raised its position in shares of Putnam Municipal Opportunities Trust by 10.9% in the 2nd quarter. Integrated Capital Management Inc. now owns 18,399 shares of the financial services provider’s stock worth $189,000 after purchasing an additional 1,805 shares during the last quarter. Blue Bell Private Wealth Management LLC bought a new position in shares of Putnam Municipal Opportunities Trust in the second quarter worth approximately $62,000. International Assets Investment Management LLC grew its stake in shares of Putnam Municipal Opportunities Trust by 1,000.7% in the third quarter. International Assets Investment Management LLC now owns 12,944 shares of the financial services provider’s stock worth $141,000 after acquiring an additional 11,768 shares during the period. Fortitude Family Office LLC purchased a new position in shares of Putnam Municipal Opportunities Trust in the 3rd quarter worth $134,000. Finally, Logan Stone Capital LLC lifted its stake in shares of Putnam Municipal Opportunities Trust by 19.8% in the 2nd quarter. Logan Stone Capital LLC now owns 80,343 shares of the financial services provider’s stock worth $824,000 after purchasing an additional 13,267 shares during the period. Hedge funds and other institutional investors own 20.40% of the company’s stock.

Putnam Municipal Opportunities Trust Price Performance

Putnam Municipal Opportunities Trust stock opened at $10.36 on Friday. Putnam Municipal Opportunities Trust has a 12-month low of $9.69 and a 12-month high of $10.96. The firm has a 50 day moving average of $10.62 and a 200 day moving average of $10.40.

Putnam Municipal Opportunities Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 22nd will be paid a $0.035 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 4.05%.

About Putnam Municipal Opportunities Trust

Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors.