Sit Investment Associates Inc. grew its stake in shares of PUTNAM MAST INT (NYSE:PIM - Free Report) by 0.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,075,285 shares of the company's stock after purchasing an additional 90,977 shares during the quarter. PUTNAM MAST INT makes up approximately 1.8% of Sit Investment Associates Inc.'s investment portfolio, making the stock its 8th largest position. Sit Investment Associates Inc. owned approximately 47.74% of PUTNAM MAST INT worth $76,610,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in PIM. Jane Street Group LLC bought a new position in PUTNAM MAST INT in the fourth quarter worth about $35,000. Concurrent Investment Advisors LLC bought a new position in PUTNAM MAST INT in the first quarter worth about $35,000. Citadel Advisors LLC bought a new position in PUTNAM MAST INT in the fourth quarter worth about $36,000. Perigon Wealth Management LLC bought a new position in PUTNAM MAST INT in the first quarter worth about $37,000. Finally, Integrated Capital Management LLC bought a new position in PUTNAM MAST INT in the first quarter worth about $65,000. 55.06% of the stock is owned by hedge funds and other institutional investors.
PUTNAM MAST INT Stock Performance
PIM opened at $3.38 on Thursday. PUTNAM MAST INT has a 52-week low of $3.14 and a 52-week high of $3.45. The firm's 50-day moving average price is $3.34 and its 200-day moving average price is $3.31.
PUTNAM MAST INT Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Monday, November 17th will be issued a dividend of $0.022 per share. The ex-dividend date is Monday, November 17th. This represents a c) annualized dividend and a dividend yield of 7.8%.
About PUTNAM MAST INT
(
Free Report)
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.
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