32,500 Shares in Putnam Mast Int $PIM Purchased by Weaver Consulting Group

Weaver Consulting Group acquired a new position in Putnam Mast Int (NYSE:PIM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 32,500 shares of the company’s stock, valued at approximately $109,000.

Several other large investors also recently bought and sold shares of PIM. Sit Investment Associates Inc. lifted its position in shares of Putnam Mast Int by 0.4% in the first quarter. Sit Investment Associates Inc. now owns 23,075,285 shares of the company’s stock valued at $76,610,000 after acquiring an additional 90,977 shares in the last quarter. Allworth Financial LP purchased a new stake in shares of Putnam Mast Int during the second quarter worth $222,000. Ethos Financial Group LLC acquired a new stake in shares of Putnam Mast Int in the first quarter valued at about $169,000. WealthTrust Axiom LLC raised its position in shares of Putnam Mast Int by 98.7% in the first quarter. WealthTrust Axiom LLC now owns 27,000 shares of the company’s stock valued at $90,000 after buying an additional 13,411 shares during the last quarter. Finally, Balefire LLC purchased a new position in shares of Putnam Mast Int in the second quarter worth about $35,000. 55.06% of the stock is currently owned by hedge funds and other institutional investors.

Putnam Mast Int Stock Performance

PIM opened at $3.32 on Friday. Putnam Mast Int has a twelve month low of $3.14 and a twelve month high of $3.50. The firm’s 50-day moving average price is $3.39 and its 200 day moving average price is $3.36.

Putnam Mast Int Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be issued a dividend of $0.022 per share. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date is Friday, February 20th.

About Putnam Mast Int

Putnam Master Intermediate Income 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 the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.