OneDigital Investment Advisors LLC Has $84,000 Position in Putnam Premier Income Trust (NYSE:PPT)

OneDigital Investment Advisors LLC cut its position in shares of Putnam Premier Income Trust (NYSE:PPT) by 37.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,644 shares of the investment management company’s stock after selling 13,860 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Putnam Premier Income Trust were worth $84,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. 1607 Capital Partners LLC lifted its position in shares of Putnam Premier Income Trust by 94.0% in the 4th quarter. 1607 Capital Partners LLC now owns 1,961,373 shares of the investment management company’s stock worth $6,982,000 after acquiring an additional 950,379 shares during the period. Oder Investment Management LLC lifted its position in Putnam Premier Income Trust by 7.8% in the fourth quarter. Oder Investment Management LLC now owns 71,644 shares of the investment management company’s stock worth $255,000 after purchasing an additional 5,188 shares during the period. Raymond James Financial Inc. bought a new position in Putnam Premier Income Trust in the fourth quarter worth $2,128,000. Invesco Ltd. boosted its stake in Putnam Premier Income Trust by 2.0% during the fourth quarter. Invesco Ltd. now owns 1,154,335 shares of the investment management company’s stock worth $4,109,000 after buying an additional 23,113 shares in the last quarter. Finally, Sit Investment Associates Inc. increased its holdings in Putnam Premier Income Trust by 8.4% in the 4th quarter. Sit Investment Associates Inc. now owns 21,876,912 shares of the investment management company’s stock valued at $77,882,000 after buying an additional 1,689,141 shares during the period. 42.79% of the stock is currently owned by institutional investors.

Putnam Premier Income Trust Stock Up 0.1 %

NYSE:PPT opened at $3.60 on Wednesday. The company has a 50-day moving average of $3.57 and a 200-day moving average of $3.58. Putnam Premier Income Trust has a 52 week low of $3.40 and a 52 week high of $3.74.

Putnam Premier Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th will be paid a dividend of $0.026 per share. This represents a $0.31 dividend on an annualized basis and a yield of 8.68%. The ex-dividend date of this dividend is Thursday, April 17th.

Putnam Premier Income Trust Company Profile

Putnam Premier 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 public fixed income markets across the globe. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation.