Guggenheim Capital LLC Has $3.73 Million Stock Position in Putnam Municipal Opportunities Trust (NYSE:PMO)

Guggenheim Capital LLC lifted its holdings in shares of Putnam Municipal Opportunities Trust (NYSE:PMO) by 11.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 368,040 shares of the financial services provider’s stock after acquiring an additional 39,272 shares during the quarter. Guggenheim Capital LLC’s holdings in Putnam Municipal Opportunities Trust were worth $3,728,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. HighTower Advisors LLC acquired a new position in Putnam Municipal Opportunities Trust during the 3rd quarter worth about $267,000. Stifel Financial Corp raised its position in shares of Putnam Municipal Opportunities Trust by 9.3% during the third quarter. Stifel Financial Corp now owns 35,601 shares of the financial services provider’s stock worth $388,000 after acquiring an additional 3,040 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Putnam Municipal Opportunities Trust by 129.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 94,408 shares of the financial services provider’s stock worth $956,000 after acquiring an additional 53,322 shares during the period. Rivernorth Capital Management LLC boosted its holdings in Putnam Municipal Opportunities Trust by 61.4% in the third quarter. Rivernorth Capital Management LLC now owns 179,697 shares of the financial services provider’s stock valued at $1,959,000 after acquiring an additional 68,382 shares during the last quarter. Finally, Park Avenue Securities LLC raised its holdings in Putnam Municipal Opportunities Trust by 7.1% during the 4th quarter. Park Avenue Securities LLC now owns 112,497 shares of the financial services provider’s stock worth $1,140,000 after purchasing an additional 7,450 shares during the last quarter. Institutional investors own 20.40% of the company’s stock.

Putnam Municipal Opportunities Trust Stock Performance

Shares of NYSE PMO opened at $9.70 on Friday. Putnam Municipal Opportunities Trust has a 52-week low of $9.34 and a 52-week high of $10.96. The company’s 50 day moving average price is $10.27 and its 200-day moving average price is $10.39.

Putnam Municipal Opportunities 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 issued a dividend of $0.035 per share. The ex-dividend date is Thursday, April 17th. This represents a $0.42 dividend on an annualized basis and a yield of 4.33%.

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.