Janney Montgomery Scott LLC Makes New $448,000 Investment in PUTNAM MAST INT (NYSE:PIM)

Janney Montgomery Scott LLC purchased a new position in PUTNAM MAST INT (NYSE:PIM) in the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 134,822 shares of the company’s stock, valued at approximately $448,000.

Several other institutional investors and hedge funds have also made changes to their positions in PIM. Jane Street Group LLC bought a new stake in PUTNAM MAST INT in the fourth quarter worth about $35,000. Citadel Advisors LLC acquired a new position in shares of PUTNAM MAST INT in the 4th quarter worth approximately $36,000. Northstar Financial Companies Inc. bought a new stake in shares of PUTNAM MAST INT in the 4th quarter worth approximately $66,000. PVG Asset Management Corp bought a new stake in shares of PUTNAM MAST INT in the 4th quarter worth approximately $150,000. Finally, LPL Financial LLC lifted its stake in PUTNAM MAST INT by 8.4% during the fourth quarter. LPL Financial LLC now owns 50,777 shares of the company’s stock valued at $166,000 after purchasing an additional 3,948 shares during the last quarter. 55.06% of the stock is currently owned by institutional investors.

PUTNAM MAST INT Stock Performance

PUTNAM MAST INT stock opened at $3.39 on Friday. PUTNAM MAST INT has a 1 year low of $3.14 and a 1 year high of $3.45. The firm’s 50 day moving average price is $3.33 and its two-hundred day moving average price is $3.30.

PUTNAM MAST INT Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were issued a $0.022 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 7.79%. The ex-dividend date was Monday, June 16th.

About PUTNAM MAST INT

Putnam Master Intermediate 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 fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.