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

Guggenheim Capital LLC boosted its stake in shares of Putnam Municipal Opportunities Trust (NYSE:PMO - Free Report) by 11.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 368,040 shares of the financial services provider's stock after purchasing an additional 39,272 shares during the period. Guggenheim Capital LLC owned 1.16% of Putnam Municipal Opportunities Trust worth $3,728,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Integrated Capital Management Inc. grew its stake in shares of Putnam Municipal Opportunities Trust by 10.5% in the fourth quarter. Integrated Capital Management Inc. now owns 20,325 shares of the financial services provider's stock valued at $206,000 after buying an additional 1,932 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Putnam Municipal Opportunities Trust by 9.3% during the 3rd quarter. Stifel Financial Corp now owns 35,601 shares of the financial services provider's stock worth $388,000 after purchasing an additional 3,040 shares during the last quarter. Avior Wealth Management LLC raised its holdings in shares of Putnam Municipal Opportunities Trust by 28.7% in the 4th quarter. Avior Wealth Management LLC now owns 15,358 shares of the financial services provider's stock valued at $156,000 after purchasing an additional 3,426 shares during the period. Cyndeo Wealth Partners LLC lifted its stake in Putnam Municipal Opportunities Trust by 17.8% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 38,629 shares of the financial services provider's stock valued at $391,000 after purchasing an additional 5,836 shares during the last quarter. Finally, Van ECK Associates Corp grew its holdings in Putnam Municipal Opportunities Trust by 2.7% during the fourth quarter. Van ECK Associates Corp now owns 233,858 shares of the financial services provider's stock worth $2,369,000 after purchasing an additional 6,217 shares during the period. 20.40% of the stock is currently owned by institutional investors.

Putnam Municipal Opportunities Trust Price Performance

NYSE:PMO traded up $0.13 on Wednesday, hitting $9.79. The company's stock had a trading volume of 206,504 shares, compared to its average volume of 95,861. Putnam Municipal Opportunities Trust has a one year low of $9.34 and a one year high of $10.96. The stock has a fifty day moving average of $10.21 and a two-hundred day moving average of $10.36.

Putnam Municipal Opportunities Trust Dividend Announcement

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. This represents a $0.42 annualized dividend and a yield of 4.29%. The ex-dividend date is Thursday, April 17th.

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.