Wells Fargo & Company MN boosted its position in Putnam Premier Income Trust (NYSE:PPT) by 6.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,965,051 shares of the investment management company’s stock after buying an additional 118,813 shares during the quarter. Wells Fargo & Company MN owned approximately 1.83% of Putnam Premier Income Trust worth $10,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in PPT. BerganKDV Wealth Management LLC purchased a new stake in Putnam Premier Income Trust in the third quarter worth $101,000. Columbia Asset Management purchased a new position in shares of Putnam Premier Income Trust in the second quarter valued at $108,000. Pinnacle Associates Ltd. purchased a new position in shares of Putnam Premier Income Trust in the second quarter valued at $119,000. Advisor Group Inc. grew its position in shares of Putnam Premier Income Trust by 778.1% in the second quarter. Advisor Group Inc. now owns 34,350 shares of the investment management company’s stock valued at $187,000 after purchasing an additional 30,438 shares in the last quarter. Finally, Sanders Morris Harris LLC purchased a new position in shares of Putnam Premier Income Trust in the third quarter valued at $212,000. 14.05% of the stock is owned by institutional investors and hedge funds.

Putnam Premier Income Trust (NYSE PPT) opened at $5.25 on Wednesday. Putnam Premier Income Trust has a 52-week low of $4.91 and a 52-week high of $5.68.

The business also recently declared a monthly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Wednesday, January 24th will be given a $0.026 dividend. This represents a $0.31 annualized dividend and a dividend yield of 5.94%. The ex-dividend date is Tuesday, January 23rd.

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Putnam Premier Income Trust Company Profile

Putnam Premier Income Trust (the Fund) is a diversified closed-end management investment company. The Fund seeks high current income consistent with the preservation of capital by allocating its investments among the United States Government sector, high yield sector and international sector of the fixed-income securities market.

Institutional Ownership by Quarter for Putnam Premier Income Trust (NYSE:PPT)

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