Putnam Premier Income Trust (NYSE:PPT) Shares Purchased by Resources Investment Advisors LLC.

Resources Investment Advisors LLC. boosted its holdings in Putnam Premier Income Trust (NYSE:PPTGet Rating) by 20.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 35,207 shares of the investment management company’s stock after buying an additional 6,000 shares during the quarter. Resources Investment Advisors LLC.’s holdings in Putnam Premier Income Trust were worth $140,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Shaker Financial Services LLC grew its position in Putnam Premier Income Trust by 47.1% during the 4th quarter. Shaker Financial Services LLC now owns 710,940 shares of the investment management company’s stock worth $3,036,000 after purchasing an additional 227,597 shares in the last quarter. Howard Wealth Management LLC grew its position in Putnam Premier Income Trust by 24.9% during the 1st quarter. Howard Wealth Management LLC now owns 706,485 shares of the investment management company’s stock worth $2,818,000 after purchasing an additional 140,775 shares in the last quarter. Level Four Advisory Services LLC purchased a new position in Putnam Premier Income Trust during the 4th quarter worth approximately $311,000. Landscape Capital Management L.L.C. purchased a new position in Putnam Premier Income Trust during the 4th quarter worth approximately $156,000. Finally, CWM LLC purchased a new position in Putnam Premier Income Trust during the 4th quarter worth approximately $77,000. Institutional investors and hedge funds own 36.45% of the company’s stock.

Putnam Premier Income Trust Trading Down 0.7 %

NYSE PPT opened at $3.97 on Friday. Putnam Premier Income Trust has a twelve month low of $3.69 and a twelve month high of $4.65. The firm’s 50 day moving average price is $3.83 and its two-hundred day moving average price is $3.91.

Putnam Premier Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Friday, September 23rd will be paid a dividend of $0.026 per share. This represents a $0.31 dividend on an annualized basis and a dividend yield of 7.86%. The ex-dividend date is Thursday, September 22nd.

Putnam Premier Income Trust Profile

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Putnam Premier Income 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 the public fixed income markets across the globe. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation.

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Institutional Ownership by Quarter for Putnam Premier Income Trust (NYSE:PPT)

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