Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Short Interest Update

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 54,220 shares, an increase of 120.5% from the May 31st total of 24,587 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily volume of 118,579 shares, the days-to-cover ratio is presently 0.5 days.

Thornburg Multi Sector Bond ETF Trading Up 0.0%

TMB opened at $25.36 on Thursday. Thornburg Multi Sector Bond ETF has a fifty-two week low of $25.22 and a fifty-two week high of $26.52. The firm’s fifty day moving average price is $25.44 and its two-hundred day moving average price is $25.59.

Thornburg Multi Sector Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a dividend of $0.0889 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Trading of Thornburg Multi Sector Bond ETF

Several institutional investors have recently made changes to their positions in the business. Personal CFO Solutions LLC acquired a new stake in Thornburg Multi Sector Bond ETF during the fourth quarter valued at approximately $11,459,000. Spartan Wealth Advisory Services LLC acquired a new position in shares of Thornburg Multi Sector Bond ETF in the 1st quarter worth approximately $9,601,000. Flynn Zito Capital Management LLC bought a new position in shares of Thornburg Multi Sector Bond ETF during the 1st quarter worth approximately $4,243,000. Cornerstone Wealth Group LLC lifted its position in shares of Thornburg Multi Sector Bond ETF by 94.6% during the 1st quarter. Cornerstone Wealth Group LLC now owns 137,692 shares of the company’s stock worth $3,522,000 after buying an additional 66,932 shares during the period. Finally, Clay Northam Wealth Management LLC boosted its stake in Thornburg Multi Sector Bond ETF by 344.8% in the 4th quarter. Clay Northam Wealth Management LLC now owns 55,150 shares of the company’s stock valued at $1,411,000 after buying an additional 42,750 shares in the last quarter.

Thornburg Multi Sector Bond ETF Company Profile

The Thornburg Multi Sector Bond ETF (TMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns b through investments in the broad fixed-income market. Securities may be of any credit quality and maturity from around the globe TMB was launched on Feb 5, 2025 and is issued by Thornburg.