Putnam Mast Int $PIM Shares Sold by Sit Investment Associates Inc.

Sit Investment Associates Inc. lessened its holdings in shares of Putnam Mast Int (NYSE:PIM) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,729,288 shares of the company’s stock after selling 761,587 shares during the period. Putnam Mast Int accounts for approximately 1.5% of Sit Investment Associates Inc.’s investment portfolio, making the stock its 13th biggest position. Sit Investment Associates Inc. owned about 0.47% of Putnam Mast Int worth $75,916,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. PVG Asset Management Corp boosted its holdings in shares of Putnam Mast Int by 1,151.3% during the 4th quarter. PVG Asset Management Corp now owns 482,759 shares of the company’s stock worth $1,612,000 after purchasing an additional 444,177 shares during the last quarter. Consolidated Portfolio Review Corp lifted its stake in Putnam Mast Int by 1.1% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 367,187 shares of the company’s stock worth $1,263,000 after acquiring an additional 3,990 shares in the last quarter. Invictus Private Wealth LLC acquired a new position in shares of Putnam Mast Int in the third quarter valued at approximately $264,000. Eclectic Associates Inc. ADV acquired a new stake in Putnam Mast Int during the 4th quarter worth approximately $179,000. Finally, Weaver Consulting Group increased its position in shares of Putnam Mast Int by 20.0% during the fourth quarter. Weaver Consulting Group now owns 42,000 shares of the company’s stock worth $140,000 after acquiring an additional 7,000 shares during the period. 55.06% of the stock is owned by hedge funds and other institutional investors.

Putnam Mast Int Trading Down 0.2%

NYSE:PIM opened at $3.18 on Friday. Putnam Mast Int has a 12-month low of $3.07 and a 12-month high of $3.50. The stock has a fifty day moving average price of $3.22 and a 200 day moving average price of $3.26.

Putnam Mast Int Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be given a dividend of $0.022 per share. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Monday, August 24th.

About Putnam Mast Int

Putnam Master International (NYSE:PIM) is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in equity securities of non-U.S. companies. The fund maintains a diversified portfolio spanning developed and emerging markets, with a focus on identifying businesses offering strong growth potential, attractive valuations and sound corporate governance. Shares of PIM trade on the NYSE, providing investors with a fixed capital structure and the opportunity to gain exposure to global equity markets through a single vehicle.

The fund’s investment team, managed by Putnam Retail Management LP, conducts bottom-up fundamental analysis to select holdings across multiple industries and geographies.