Putnam Municipal Opportunities Trust (NYSE:PMO) Position Reduced by Rothschild Investment LLC

Rothschild Investment LLC lowered its position in shares of Putnam Municipal Opportunities Trust (NYSE:PMO) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 186,921 shares of the financial services provider’s stock after selling 6,000 shares during the quarter. Rothschild Investment LLC’s holdings in Putnam Municipal Opportunities Trust were worth $1,894,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in PMO. International Assets Investment Management LLC grew its position in Putnam Municipal Opportunities Trust by 1,000.7% during the 3rd quarter. International Assets Investment Management LLC now owns 12,944 shares of the financial services provider’s stock worth $141,000 after purchasing an additional 11,768 shares in the last quarter. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of Putnam Municipal Opportunities Trust in the third quarter worth $167,000. Fortitude Family Office LLC purchased a new position in shares of Putnam Municipal Opportunities Trust during the third quarter valued at $134,000. Wolverine Asset Management LLC raised its position in Putnam Municipal Opportunities Trust by 116.1% during the third quarter. Wolverine Asset Management LLC now owns 63,488 shares of the financial services provider’s stock valued at $692,000 after buying an additional 34,104 shares during the period. Finally, Pathstone Holdings LLC purchased a new stake in Putnam Municipal Opportunities Trust in the 3rd quarter worth about $3,898,000. Hedge funds and other institutional investors own 20.40% of the company’s stock.

Putnam Municipal Opportunities Trust Stock Down 0.2 %

NYSE:PMO opened at $10.68 on Tuesday. Putnam Municipal Opportunities Trust has a fifty-two week low of $9.69 and a fifty-two week high of $10.96. The stock’s 50-day moving average is $10.35 and its two-hundred day moving average is $10.51.

Putnam Municipal Opportunities Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 24th will be given a $0.035 dividend. The ex-dividend date is Monday, February 24th. This represents a $0.42 dividend on an annualized basis and a yield of 3.93%.

Putnam Municipal Opportunities Trust Company 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.