Putnam Municipal Opportunities Trust (NYSE:PMO) Shares Sold by Blue Bell Private Wealth Management LLC

Blue Bell Private Wealth Management LLC reduced its position in Putnam Municipal Opportunities Trust (NYSE:PMO) by 42.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,023 shares of the financial services provider’s stock after selling 3,000 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in Putnam Municipal Opportunities Trust were worth $41,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of PMO. International Assets Investment Management LLC grew its position in Putnam Municipal Opportunities Trust by 1,000.7% in the 3rd quarter. International Assets Investment Management LLC now owns 12,944 shares of the financial services provider’s stock valued at $141,000 after acquiring an additional 11,768 shares in the last quarter. Wolverine Asset Management LLC grew its position in Putnam Municipal Opportunities Trust by 116.1% in the 3rd quarter. Wolverine Asset Management LLC now owns 63,488 shares of the financial services provider’s stock valued at $692,000 after acquiring an additional 34,104 shares in the last quarter. Pathstone Holdings LLC acquired a new position in Putnam Municipal Opportunities Trust in the 3rd quarter valued at about $3,898,000. Avior Wealth Management LLC grew 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 in the last quarter. Finally, Moors & Cabot Inc. grew its position in shares of Putnam Municipal Opportunities Trust by 18.2% during the third quarter. Moors & Cabot Inc. now owns 16,853 shares of the financial services provider’s stock worth $184,000 after buying an additional 2,600 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 Putnam Municipal Opportunities Trust stock opened at $10.42 on Friday. Putnam Municipal Opportunities Trust has a one year low of $9.69 and a one year high of $10.96. The business has a 50-day simple moving average of $10.43 and a 200-day simple moving average of $10.51.

Putnam Municipal Opportunities Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were given a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date was Monday, February 24th.

About Putnam Municipal Opportunities Trust

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.