Landscape Capital Management L.L.C. Sells 31,297 Shares of Putnam Municipal Opportunities Trust (NYSE:PMO)

Landscape Capital Management L.L.C. lowered its position in Putnam Municipal Opportunities Trust (NYSE:PMO - Free Report) by 71.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,495 shares of the financial services provider's stock after selling 31,297 shares during the period. Landscape Capital Management L.L.C.'s holdings in Putnam Municipal Opportunities Trust were worth $127,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of PMO. Integrated Capital Management Inc. lifted its stake in 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 during the period. Stifel Financial Corp increased its stake in shares of Putnam Municipal Opportunities Trust by 9.3% in the 3rd quarter. Stifel Financial Corp now owns 35,601 shares of the financial services provider's stock valued at $388,000 after acquiring an additional 3,040 shares in the last quarter. Avior Wealth Management LLC lifted its position in shares of Putnam Municipal Opportunities Trust by 28.7% during the 4th quarter. Avior Wealth Management LLC now owns 15,358 shares of the financial services provider's stock valued at $156,000 after acquiring an additional 3,426 shares during the period. Cyndeo Wealth Partners LLC boosted its stake in Putnam Municipal Opportunities Trust by 17.8% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 38,629 shares of the financial services provider's stock worth $391,000 after acquiring an additional 5,836 shares in the last quarter. Finally, Van ECK Associates Corp grew its holdings in Putnam Municipal Opportunities Trust by 2.7% in 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 owned by institutional investors.

Putnam Municipal Opportunities Trust Price Performance

Shares of NYSE PMO traded up $0.11 during trading on Tuesday, hitting $9.80. 20,534 shares of the company traded hands, compared to its average volume of 94,003. The business's fifty day moving average is $10.33 and its 200 day moving average is $10.41. Putnam Municipal Opportunities Trust has a fifty-two week low of $9.34 and a fifty-two week high of $10.96.

Putnam Municipal Opportunities Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 17th will be paid a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date of this dividend 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.