Alpine Group USVI LLC Buys New Holdings in Putnam Master Int. Income (NYSE:PIM)

Alpine Group USVI LLC bought a new stake in Putnam Master Int. Income (NYSE:PIM) during the third quarter, Holdings Channel reports. The fund bought 23,912 shares of the company’s stock, valued at approximately $110,000.

Other institutional investors have also recently modified their holdings of the company. Shaker Financial Services LLC acquired a new position in Putnam Master Int. Income in the second quarter valued at $893,000. Citizens Financial Group Inc RI acquired a new position in Putnam Master Int. Income in the second quarter valued at $76,000. Capital Wealth Planning LLC acquired a new position in Putnam Master Int. Income in the second quarter valued at $130,000. Invesco Ltd. boosted its holdings in Putnam Master Int. Income by 5.8% in the second quarter. Invesco Ltd. now owns 599,664 shares of the company’s stock valued at $2,752,000 after acquiring an additional 32,917 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Putnam Master Int. Income by 4.4% in the second quarter. Wells Fargo & Company MN now owns 69,289 shares of the company’s stock valued at $318,000 after acquiring an additional 2,915 shares during the last quarter. Hedge funds and other institutional investors own 22.15% of the company’s stock.

Putnam Master Int. Income stock traded down $0.03 during midday trading on Friday, reaching $4.58. The stock had a trading volume of 19,539 shares, compared to its average volume of 209,560. Putnam Master Int. Income has a twelve month low of $4.06 and a twelve month high of $4.68. The stock’s 50-day simple moving average is $4.60 and its 200 day simple moving average is $4.56.

The company also recently announced a — dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 24th will be issued a $0.03 dividend. This represents a yield of 7.9%. The ex-dividend date of this dividend is Wednesday, October 23rd.

Putnam Master Int. Income 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.

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Institutional Ownership by Quarter for Putnam Master Int. Income (NYSE:PIM)

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