Consolidated Portfolio Review Corp Grows Position in Putnam Master Intermediate Income Trust (NYSE:PIM)

Consolidated Portfolio Review Corp raised its position in Putnam Master Intermediate Income Trust (NYSE:PIM) by 9.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 292,786 shares of the company’s stock after purchasing an additional 26,024 shares during the period. Consolidated Portfolio Review Corp’s holdings in Putnam Master Intermediate Income Trust were worth $954,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PIM. Chicago Partners Investment Group LLC bought a new position in shares of Putnam Master Intermediate Income Trust during the fourth quarter valued at approximately $33,000. Stifel Financial Corp boosted its holdings in Putnam Master Intermediate Income Trust by 317.7% during the 3rd quarter. Stifel Financial Corp now owns 43,122 shares of the company’s stock valued at $146,000 after acquiring an additional 32,798 shares during the period. Fortitude Advisory Group L.L.C. boosted its holdings in Putnam Master Intermediate Income Trust by 9.2% during the 4th quarter. Fortitude Advisory Group L.L.C. now owns 52,819 shares of the company’s stock valued at $172,000 after acquiring an additional 4,464 shares during the period. Melfa Wealth Management Inc. grew its position in Putnam Master Intermediate Income Trust by 10.1% in the 4th quarter. Melfa Wealth Management Inc. now owns 81,613 shares of the company’s stock valued at $266,000 after acquiring an additional 7,500 shares during the last quarter. Finally, Transform Wealth LLC purchased a new stake in Putnam Master Intermediate Income Trust in the fourth quarter worth $555,000. Institutional investors own 55.06% of the company’s stock.

Putnam Master Intermediate Income Trust Trading Down 0.7 %

NYSE:PIM opened at $3.33 on Friday. The stock has a fifty day simple moving average of $3.29 and a 200-day simple moving average of $3.31. Putnam Master Intermediate Income Trust has a twelve month low of $3.04 and a twelve month high of $3.45.

Putnam Master Intermediate Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 24th were given a $0.022 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $0.26 annualized dividend and a yield of 7.94%.

Putnam Master Intermediate Income Trust Profile

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.