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

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 7,077 shares, a decline of 55.3% from the June 30th total of 15,843 shares. Based on an average daily trading volume, of 83,324 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of Thornburg Multi Sector Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in TMB. Empire Financial Management Company LLC increased its position in Thornburg Multi Sector Bond ETF by 1.4% during the 1st quarter. Empire Financial Management Company LLC now owns 56,218 shares of the company’s stock worth $1,434,000 after purchasing an additional 797 shares in the last quarter. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Thornburg Multi Sector Bond ETF during the 1st quarter worth about $9,601,000. Flynn Zito Capital Management LLC acquired a new stake in shares of Thornburg Multi Sector Bond ETF during the 1st quarter worth about $4,243,000. Integrity Wealth Solutions LLC grew its holdings in shares of Thornburg Multi Sector Bond ETF by 21.0% during the first quarter. Integrity Wealth Solutions LLC now owns 107,846 shares of the company’s stock worth $2,751,000 after buying an additional 18,687 shares in the last quarter. Finally, Clay Northam Wealth Management LLC grew its holdings in shares of Thornburg Multi Sector Bond ETF by 14.8% during the first quarter. Clay Northam Wealth Management LLC now owns 63,300 shares of the company’s stock worth $1,615,000 after buying an additional 8,150 shares in the last quarter.

Thornburg Multi Sector Bond ETF Price Performance

Shares of NASDAQ TMB opened at $25.29 on Tuesday. The company’s 50-day moving average price is $25.39 and its 200 day moving average price is $25.55. Thornburg Multi Sector Bond ETF has a 52 week low of $25.21 and a 52 week high of $26.52.

Thornburg Multi Sector Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a $0.0889 dividend. 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.

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.