Landscape Capital Management L.L.C. Sells 31,297 Shares of Putnam Municipal Opportunities Trust (NYSE:PMO)

Landscape Capital Management L.L.C. lessened its holdings in Putnam Municipal Opportunities Trust (NYSE:PMO) by 71.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,495 shares of the financial services provider’s stock after selling 31,297 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Putnam Municipal Opportunities Trust were worth $127,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC purchased a new stake in Putnam Municipal Opportunities Trust during the 3rd quarter worth about $119,000. Noble Wealth Management PBC bought a new position in shares of Putnam Municipal Opportunities Trust during the 4th quarter valued at about $140,000. Avior Wealth Management LLC grew its position in Putnam Municipal Opportunities Trust by 28.7% during the 4th quarter. Avior Wealth Management LLC now owns 15,358 shares of the financial services provider’s stock worth $156,000 after acquiring an additional 3,426 shares during the last quarter. Integrated Capital Management Inc. grew its position in Putnam Municipal Opportunities Trust by 10.5% during the 4th quarter. Integrated Capital Management Inc. now owns 20,325 shares of the financial services provider’s stock worth $206,000 after acquiring an additional 1,932 shares during the last quarter. Finally, HighTower Advisors LLC bought a new position in Putnam Municipal Opportunities Trust during the 3rd quarter worth approximately $267,000. Institutional investors own 20.40% of the company’s stock.

Putnam Municipal Opportunities Trust Trading Up 0.9 %

Shares of PMO stock opened at $9.63 on Thursday. The business’s 50 day moving average price is $10.39 and its 200-day moving average price is $10.44. Putnam Municipal Opportunities Trust has a fifty-two week low of $9.36 and a fifty-two week high of $10.96.

Putnam Municipal Opportunities Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th will be issued a $0.035 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date of this dividend is Thursday, April 17th.

Putnam Municipal Opportunities Trust Profile

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.