Landscape Capital Management L.L.C. Has $477,000 Stock Position in Putnam Municipal Opportunities Trust (NYSE:PMO)

Landscape Capital Management L.L.C. cut its stake in shares of Putnam Municipal Opportunities Trust (NYSE:PMO) by 61.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,792 shares of the financial services provider’s stock after selling 69,074 shares during the period. Landscape Capital Management L.L.C. owned approximately 0.14% of Putnam Municipal Opportunities Trust worth $477,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Integrated Capital Management Inc. boosted its holdings in Putnam Municipal Opportunities Trust by 10.9% during the second quarter. Integrated Capital Management Inc. now owns 18,399 shares of the financial services provider’s stock worth $189,000 after buying an additional 1,805 shares during the last quarter. Avior Wealth Management LLC grew its holdings in Putnam Municipal Opportunities Trust by 23.1% during the third quarter. Avior Wealth Management LLC now owns 11,932 shares of the financial services provider’s stock valued at $130,000 after purchasing an additional 2,238 shares during the period. Moors & Cabot Inc. increased its stake in Putnam Municipal Opportunities Trust by 18.2% in the third quarter. Moors & Cabot Inc. now owns 16,853 shares of the financial services provider’s stock valued at $184,000 after purchasing an additional 2,600 shares in the last quarter. Blue Bell Private Wealth Management LLC acquired a new stake in Putnam Municipal Opportunities Trust in the second quarter worth $62,000. Finally, International Assets Investment Management LLC boosted its position in shares of Putnam Municipal Opportunities Trust by 1,000.7% during the third 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. 20.40% of the stock is owned by institutional investors and hedge funds.

Putnam Municipal Opportunities Trust Price Performance

Shares of PMO stock opened at $10.36 on Friday. Putnam Municipal Opportunities Trust has a 12-month low of $9.69 and a 12-month high of $10.96. The firm has a fifty day moving average of $10.62 and a 200-day moving average of $10.40.

Putnam Municipal Opportunities Trust Dividend Announcement

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

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.