Putnam Municipal Opportunities Trust (NYSE:PMO) Stock Holdings Boosted by Moors & Cabot Inc.

Moors & Cabot Inc. increased its position in Putnam Municipal Opportunities Trust (NYSE:PMO) by 18.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,853 shares of the financial services provider’s stock after acquiring an additional 2,600 shares during the period. Moors & Cabot Inc. owned approximately 0.05% of Putnam Municipal Opportunities Trust worth $184,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Blue Bell Private Wealth Management LLC bought a new stake in shares of Putnam Municipal Opportunities Trust during the second quarter valued at approximately $62,000. Avior Wealth Management LLC increased its position in Putnam Municipal Opportunities Trust by 23.1% in the 3rd quarter. Avior Wealth Management LLC now owns 11,932 shares of the financial services provider’s stock valued at $130,000 after acquiring an additional 2,238 shares during the period. Fortitude Family Office LLC bought a new stake in Putnam Municipal Opportunities Trust during the 3rd quarter valued at $134,000. International Assets Investment Management LLC boosted 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 acquiring an additional 11,768 shares during the period. Finally, Cetera Advisors LLC acquired a new position in Putnam Municipal Opportunities Trust during the 1st quarter worth $155,000. 20.40% of the stock is currently owned by institutional investors.

Putnam Municipal Opportunities Trust Price Performance

Shares of PMO opened at $10.36 on Monday. Putnam Municipal Opportunities Trust has a one year low of $9.69 and a one year high of $10.96. The stock’s fifty day moving average is $10.62 and its 200-day moving average is $10.40.

Putnam Municipal Opportunities Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.035 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 4.05%.

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.